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X @Bloomberg
Bloomberg· 2025-08-21 16:42
For American farmers traveling through the Heartland scouting corn and soybean fields, it feels like 2019 all over again https://t.co/FnhhjaeIXL ...
Correction: AB Akola Group twelve months: the second-best year in the Group‘s history
Globenewswire· 2025-08-20 09:27
Financial Performance - AB Akola Group's consolidated revenue for the 2024/2025 financial year exceeded EUR 1,580 million, representing a 4.9% increase year-over-year [1][3] - The Group's net profit increased by 151.4% to EUR 62.6 million, with EBITDA rising by 51.5% to EUR 111 million [2][3] - The fourth quarter of the 2024/2025 financial year saw consolidated revenue of EUR 414 million, an 8.6% increase from EUR 381 million in the previous year [3] Business Segments - The 'Food Production' segment generated EUR 449.1 million in revenue, with operating profit increasing by 95.6% to EUR 40 million [5] - The poultry business was a major contributor, with gross profit soaring by 103% to EUR 68.9 million, supported by favorable market conditions [6][8] - The 'Partners for Farmers' segment generated EUR 1,151.3 million in revenue, with operating profit improving to EUR 29.4 million [11] Agricultural Performance - The 'Farming' segment reported EUR 47.6 million in revenue, a 9.3% increase, with gross profit at EUR 12.9 million [15] - Agricultural companies harvested 3% more compared to the previous year, driven by strong winter crop yields [16] Market Trends - Consumer preference for sustainable protein sources is rising, while alternative protein prices remain elevated [7] - EU broiler production costs have remained stable or slightly lower, improving producer margins [8] - There is a growing appreciation for higher quality poultry meat raised without antibiotics in Lithuania and Latvia [8][9] Challenges and Opportunities - The poultry market faced challenges from outbreaks of Highly Pathogenic Avian Influenza (HPAI), particularly in Poland and Italy [7] - The 'Other Products and Services' segment generated EUR 20.8 million in revenue, with stable profitability despite rising input costs [17][18]
AB Akola Group twelve months: the second-best year in the Group‘s history
Globenewswire· 2025-08-20 06:30
Financial Performance - The consolidated revenue of AB Akola Group for the 2024/2025 financial year exceeded EUR 1,580 million, representing a 4.9% increase year-over-year [1][3] - Consolidated EBITDA for the twelve months amounted to EUR 111 million, marking a 51.5% increase year-over-year, while net profit increased by 51.4% to EUR 62.6 million [2][3] - The fourth quarter revenue reached EUR 414 million, an 8.6% increase from EUR 381 million in the previous year, with net profit rising to EUR 31 million from EUR 10 million [3][4] Segment Performance - The 'Food Production' segment generated EUR 449.1 million in revenue, with operating profit increasing by 95.6% to EUR 40 million [5] - The poultry business significantly contributed to the Group's success, with gross profit soaring by 103% to EUR 68.9 million due to favorable market conditions [6][8] - The 'Partners for Farmers' segment generated EUR 1,151.3 million in revenue, with gross profit reaching EUR 92.6 million, showing improvement over the previous year [11] Agricultural Operations - The 'Farming' segment generated EUR 47.6 million in revenue, a 9.3% increase compared to the previous year, with gross profit at EUR 12.9 million [15] - The agricultural companies harvested 3% more than the previous year, driven by strong winter crop yields, despite weaker summer crops due to drought [16] Market Trends - Consumer preference for sustainable protein sources is rising, while alternative protein prices remain elevated [7] - The EU broiler production costs have remained stable or slightly lower, suggesting improved producer margins [8] - There is a growing appreciation for higher quality poultry meat raised without antibiotics in Lithuania and Latvia, although competition is intensifying [9] Other Business Activities - The 'Other Products and Services' segment generated EUR 20.8 million in revenue, with a gross profit of EUR 4.1 million, but recorded an operating loss of EUR 400 thousand [17] - Pet food sales volumes declined by 11%, while veterinary pharmaceutical revenue increased by 19% [18]
Adecoagro S.A.(AGRO) - 2025 Q2 - Earnings Call Presentation
2025-08-19 14:00
Financial Highlights - Adecoagro's gross revenues for Q2 2025 were $392 million, a decrease of 1% compared to the same period last year[17] - Gross revenues for 6M25 reached $716 million, an increase of 10% compared to the same period last year[17] - Adjusted EBITDA for Q2 2025 was $55 million, a decrease of 60% compared to the same period last year[17] - Adjusted EBITDA for 6M25 was $91 million, a decrease of 60% compared to the same period last year[17] Segment Performance - Sugar, Ethanol & Energy - Sugar, Ethanol & Energy accounted for 77% of gross revenues in Q2 2025[17] - Sugar production decreased by 15% from 233,881 tons in Q2 2024 to 199,175 tons in Q2 2025[30] - Ethanol production decreased by 21% from 143,401 m3 in Q2 2024 to 98,756 m3 in Q2 2025[31] - Adjusted EBITDA for Sugar, Ethanol & Energy business decreased by 36% from $68,100 thousand in Q2 2024 to $106,886 thousand in Q2 2025[42] Farming Business - 296,057 hectares of Crops + Rice were harvested[52] - Soybean harvested area is 91,802 ha[52] - Raw milk production reached 93 million liters[52] - Farming segment experienced a significant decrease in financial performance, with profits dropping by 97% from $37,792 thousand in Q2 2024 to $1,081 thousand in Q2 2025[55] Capital Allocation - Net debt stood at $699 million[62] - 75% of debt is long term debt[63] - 70% of debt is in USD and 30% in BRL[65] - $45.2 million has been committed to shareholder distribution[71]
X @The Wall Street Journal
The Wall Street Journal· 2025-08-19 10:09
Watch: China’s $285 million project in Brazil is a multibillion dollar threat to U.S. farmers. WSJ’s Samantha Pearson explains. https://t.co/EqhaHib6vS ...
X @The Economist
The Economist· 2025-08-15 14:00
In the face of tariff threats from America, India has made the protection of its farmers a top priority. Why is the industry so important to the country? https://t.co/7Jxkk3vE8x ...
From One Rental Computer to Global Impact | Dr. Bharat Bylappa | TEDxICEAS
TEDx Talks· 2025-08-14 16:43
Entrepreneurial Journey & Motivation - The speaker's journey was fueled by critics and a desire to prove them wrong [2][3] - Overcoming family expectations of traditional career paths was a significant challenge [2] - Early failures in agriculture and formal education led to exploring entrepreneurship [4][5] - Initial business ventures included printing, LPG distribution, and kitchen sink manufacturing, all before completing formal education [6][8] - Government recognition as a future entrepreneur provided early motivation [7][8] Business Ventures & Challenges - The first venture, kitchen sink manufacturing, failed due to lack of funds, experience, and difficulties in collecting payments [9][10] - A computer education institute became successful but resulted in being forced out by partners [11][12] - Multiple failed ventures and family financial difficulties led to a period of employment [13][14] - Initial rejection and subsequent success in employment built a valuable professional profile [14][15] - Turning around a near-closing company, growing it to 80 people and generating 10 million INR (1 CR) profit in the first year boosted confidence [17][18] Success & Expansion - The second entrepreneurial innings started from home as a freelancer, expanding to a 100+ employee company with operations in Malaysia, Dubai, and South Africa [19][20][21] - Starting a software company in 2015 led to awards and recognition [21] - The company was successfully listed on the Bombay Stock Exchange (BSE) SME platform, becoming India's fourth startup and Bangalore's first to achieve this [22][23][24] Reflections & Future - Education is emphasized as crucial, despite the speaker's unconventional path [24][25] - Pursuing a long-held dream, the speaker completed a diploma in agriculture with distinction [26][27][28] - Current ventures include avocado farming and bio-fertilizer manufacturing [30][31]
X @Bloomberg
Bloomberg· 2025-08-12 20:20
Trade Impact - Losing access to the US consumer market may negatively impact India's farm economy [1] - The negative impact of losing US market access may outweigh the impact of cutting tariffs on produce for India [1]
Hidden Gems Of Hartford And Tolland Counties
Suffield, CT Patch· 2025-08-08 16:01
Core Insights - The article highlights the significance of roadside farm stands in Hartford and Tolland counties, emphasizing their role as a staple of summertime in New England [2][3] - It showcases the charm and variety of these farm stands, particularly the small, family-run operations that have been part of the community for decades [3][4] - The article encourages readers to share their favorite farm stands, indicating a community-driven approach to promoting local agriculture [6][8] Summary by Sections - **Overview of Roadside Farm Stands** - Roadside farm stands are often overlooked yet essential during summer in New England [2] - The article focuses on small, family-owned stands, some of which have been operating for as long as 77 years [3] - **Characteristics of Farm Stands** - The stands vary in size and form, from small sheds to display carts and even converted vehicles [4] - Some stands operate on an honor system, reflecting the trust within the community [4] - **Call to Action** - Readers are invited to contribute information about their favorite farm stands not featured in the article [6][8]