Company Expectation Adjustment
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FirstFarms adjusts the expectation for the year based on decreasing pig prices
Globenewswire· 2025-11-20 18:55
Core Viewpoint - FirstFarms has adjusted its 2025 financial expectations downwards due to a recent decrease in pig prices, projecting an EBITDA of 60 - 90 million DKK and an EBIT of minus 10 - 20 million DKK [1][4]. Financial Expectations Summary - The updated expectations for 2025 are as follows: - EBITDA: 60 - 90 million DKK - EBIT: -10 - 20 million DKK - Previous expectations were: - 11 July 2025: EBITDA of 85 - 125 million DKK, EBIT of 15 - 55 million DKK - 31 March 2025: EBITDA of 70 - 110 million DKK, EBIT of 0 - 40 million DKK - 13 March 2025: EBITDA of 115 - 155 million DKK, EBIT of 45 - 85 million DKK [2]. Company Overview - FirstFarms is a Danish stock exchange listed company focused on operating responsibly within surrounding communities and delivering high-quality products primarily sold locally. The company aims to create value for investors while pursuing sustainability initiatives [3].