AUGA group, RAB announced consolidated interim unaudited 6-month results: in the face of restructuring processes, Group companies reduced crop growing, dairy and administrative costs, EBITDA grew to EUR 6.60 million 30.09.2025 Financial information On September 30, 2025, AUGA group, RAB, legal entity code 126264360 (hereinafter – the Company) announced its unaudited financial results for the first 6 months of 2025. The Group's gross profit in the first half of 2025 amounted to EUR 2.82 million, while in th ...

Core Insights - AUGA Group reported audited revenue of EUR 85.4 million for 2024, an increase from EUR 77.4 million in 2023, but incurred a net loss of EUR 32.4 million compared to a net loss of EUR 18.4 million in 2023 [2][4] Financial Performance - The Group's net loss for 2024 was significantly higher than the previously announced unaudited net loss of EUR 26.9 million, with a difference of EUR 5.575 million primarily due to impairment of intangible assets [7][8] - The crop segment was the largest contributor to the losses, with a total loss of EUR 10.48 million attributed to increased production costs, lower prices, and unfavorable weather conditions [6][11] Operational Challenges - The Group faced challenges in refinancing bonds and extending financing agreements, leading to initiated restructuring processes [4] - Despite the difficulties, the Group aimed to ensure a successful 2025 harvest season and improve operational efficiency to meet stakeholder expectations [5] Variance in Financial Results - The audited EBITDA was reported at EUR 0.075 million, significantly lower than the revised forecast of EUR 11.5 million, with higher operating costs and worse-than-expected results in crop production and biomethane segments [9][11] - The mushroom growing segment also underperformed, with gross profit of EUR 1.59 million compared to a forecast of EUR 2.2 million [11]

Core Viewpoint - The article highlights the changing landscape of employment for recent graduates in China, where many are opting for factory jobs instead of traditional corporate roles, reflecting a shift in attitudes towards work and economic necessity [4][5][6]. Group 1: Employment Trends - An increasing number of young graduates are entering manufacturing jobs directly after graduation, with many sharing their experiences on social media platforms like Xiaohongshu, where related posts exceed 5.15 million [5]. - The average salary for factory jobs, particularly in electronics, is around 5,000 to 6,000 yuan per month, which is seen as a viable option for many graduates [5][20]. - Graduates express mixed feelings about factory work; some view it as a necessary step to save money, while others warn against the potential long-term implications of such a choice [6][20]. Group 2: Personal Experiences - Individuals like Wang Liuliu, a master's graduate, describe the stark contrast between their educational aspirations and the reality of working in a factory, often feeling a sense of loss regarding their academic achievements [9][12]. - Su Hong, who transitioned from a high-pressure job in foreign trade to a factory role, emphasizes the mental relief and financial stability that factory work can provide, despite the physical demands [15][20]. - He Yu, another factory worker, shares the emotional toll of factory life, including feelings of exhaustion and the struggle to maintain a sense of purpose amidst monotonous tasks [26][36]. Group 3: Economic Necessity - The article illustrates how economic pressures drive graduates to accept factory jobs, often as a last resort when other employment opportunities are scarce [27][33]. - Many workers report that factory jobs offer a straightforward way to earn money without the complexities of corporate environments, which can be fraught with competition and stress [15][20]. - The narrative suggests that for some, factory work serves as a temporary solution while they seek better opportunities, highlighting a pragmatic approach to employment in challenging economic conditions [40].