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The Return Of Smart Glasses, Hike Shuts Shop & More
Inc42 Media· 2025-09-15 02:30
Mixed Reality and Smart Glasses - Smart glasses are experiencing a resurgence in India, with major players like Reliance and Lenskart entering the market, driven by advancements in technology and design [1][2] - Today's smart glasses are lighter and more compact compared to earlier models, featuring improved processors that enhance image quality and power efficiency [1] - Generative AI has transformed smart glasses into practical assistants, allowing users to perform about 35% of typical smartphone functions through voice commands [2] Competitive Landscape - Homegrown companies are differentiating themselves from global giants by focusing on vernacular capabilities and affordability, with products like QWR's Humbl glasses supporting Indic languages [3] - Jio Frames are expected to offer multi-language support and cloud storage integration, enhancing their appeal in the Indian market [3] Market Challenges - Premium pricing remains a significant barrier, positioning smart glasses as luxury items rather than mass-market products [4] - Privacy concerns are prevalent, as smart glasses operate in a gray area between everyday eyewear and potential surveillance tools, compounded by the lack of robust AI regulations in India [4] Future Outlook - The potential for smart glasses to become a billion-dollar wearable category hinges on overcoming privacy concerns, proving their AI capabilities, and delivering value for their premium pricing [5]
Amlan International to Exhibit and Present at the XXVII Central American and Caribbean Poultry Congress in Panama City
Globenewswire· 2025-09-03 20:00
Core Insights - Amlan International will showcase its antibiotic-free production solutions at the XXVII Central American and Caribbean Poultry Congress in Panama from September 10-12, 2025 [1] - The company emphasizes the importance of natural feed additives in improving animal health and performance, particularly in the context of increasing demand for high-quality animal protein in Latin America [3][4] Company Participation - Amlan's Technical Director for LATAM, Dr. César Coto, will present on September 11, focusing on strategies to reduce antibiotic use while maintaining animal performance [2] - The company will feature products such as Calibrin-Z, a biotoxin control product, and Varium, a gut health additive, at their booth [3] Industry Context - The livestock industry in Latin America is evolving with a focus on antibiotic stewardship and the need for safe, high-quality animal protein [3] - Central American producers are increasingly adopting innovative solutions to enhance efficiency and meet rising protein demand [4] Company Overview - Amlan International, part of Oil-Dri Corporation of America, specializes in developing natural feed additives that optimize animal health and performance [5]
Amlan® to Present on Biotoxin Control and Antibiotic-Free Poultry Production at Malaysia Livestock 2025
Globenewswire· 2025-08-25 20:00
Amlan® to Present on Biotoxin Control and Antibiotic-Free Poultry Production at Malaysia Livestock 2025 Amlan International, the animal health business of Oil-Dri® Corporation of America and a global leader in natural feed additives, will participate in Malaysia Livestock 2025 at the Kuala Lumpur Convention Centre from August 27–29 CHICAGO, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Amlan International, the animal health business of Oil-Dri® Corporation of America and a global leader in natural feed additives, w ...
Inter-Rock Announces Normal Course Issuer Bid for Common Shares
Globenewswire· 2025-08-25 16:19
Core Viewpoint - Inter-Rock Minerals Inc. has announced a normal course issuer bid (NCIB) to purchase up to 1,000,000 common shares, representing approximately 4.6% of its outstanding shares, to enhance shareholder value and liquidity [1][4]. Group 1: NCIB Details - The NCIB will commence on or about August 29, 2025, and will last for twelve months, terminating upon the purchase of 1,000,000 shares, a notice of termination, or on August 28, 2026, whichever comes first [2]. - Purchases will be conducted on the open market through the TSX Venture Exchange or other permitted trading systems, with all shares purchased being cancelled [3]. - The funding for the NCIB will come from the company's working capital, and the actual number of shares purchased will be at the discretion of the board of directors [3]. Group 2: Rationale for NCIB - The company believes that its share price does not reflect its underlying value and future prospects, making the share buyback an appropriate use of financial resources [4]. - By purchasing shares at prices below their underlying value, the NCIB aims to increase the ownership proportion for remaining shareholders and provide liquidity for those wishing to sell [4]. Group 3: Previous NCIB Performance - The previous NCIB, which ran from August 21, 2024, to August 20, 2025, resulted in the purchase of 228,000 common shares at an average price of $0.81 per share [6].
X @Bloomberg
Bloomberg· 2025-08-18 12:38
Trade Relations - China aims to resume rapeseed trade with Australia after a five-year suspension [1] - The move seeks to secure supplies of rapeseed, a key animal feed ingredient [1] - This occurs amidst strained relations with Canada, a major supplier [1]
Change in composition of the Supervisory Board of ForFarmers
Globenewswire· 2025-08-12 05:30
Company Announcement - ForFarmers announces that Erwin Wunnekink will step down from the Supervisory Board effective 1 November 2025 due to a new professional opportunity that conflicts with his role [1] - The Chair of the Supervisory Board, Marijke Folkers – In 't Hout, expressed gratitude for Wunnekink's contributions and wished him success in his future endeavors [2] - The Supervisory Board will consider Wunnekink's succession and redistribute his responsibilities among remaining members [2] Company Profile - ForFarmers N.V. is a leading provider of complete feed solutions for (organic) livestock farming, with a mission to promote sustainable agriculture [4] - The company sells approximately 10 million tonnes of animal feed annually and operates production facilities in the Netherlands, Germany, Poland, and the UK, exporting to various countries [5] - ForFarmers employs around 2,900 people and is listed on Euronext Amsterdam [5]
ForFarmers results for the first half of 2025 (with full press release)
Globenewswire· 2025-08-07 05:24
Core Insights - ForFarmers has reported strong results for the first half of 2025, with a total volume increase of 21.3% compared to H1 2024, driven by strategic acquisitions and joint ventures [7] - The company is focused on sustainability, aiming to reduce CO2 emissions and enhance circularity through co-products [2][4] Financial Performance - Total volume reached 5.2 million tonnes, with a like-for-like growth of 2.4% [7] - Gross profit increased by 16.8% to €290.8 million, with all clusters contributing positively [7] - Underlying EBITDA and EBIT rose significantly by 42.7% and 57.7%, respectively [7] - Underlying net profit attributable to shareholders increased by 46.3% to €23.4 million [7] - Net cash flow from operating activities grew to €63.8 million, up from €25.5 million in H1 2024, allowing for a reduction in net debt [7] - Return on Average Capital Employed (ROACE) on underlying EBIT improved from 10.7% to 14.3% [7] Market Position and Strategy - The company is expanding its market share in the Netherlands despite a contracting market, and has seen exceptional results in the UK following a reorganization [7] - The launch of organic animal feed production in Germany is a response to high demand in that market [7] - ForFarmers aims to contribute to sustainable agriculture and affordable food through its complete feed solutions [4][5]
ForFarmers results for the first half of 2025: Volume rises to 5.2 million tonnes, profitability remains strong
Globenewswire· 2025-08-07 05:00
Core Insights - ForFarmers reported strong results for the first half of 2025, with a total volume increase to 5.2 million tonnes and robust profitability [1][6] - The company is expanding its market positions through strategic initiatives, including a joint venture in Germany and the acquisition of Van Triest Veevoeders [1][6] - Sustainability efforts are being prioritized, focusing on reducing CO2 emissions and promoting circularity through co-products [2] Financial Performance - Total volume increased by 21.3% compared to H1 2024, driven by the acquisition and joint venture consolidation, with a like-for-like growth of 2.4% [6] - Compound feed volume rose by 5.4%, with a like-for-like growth of 0.5% [6] - Gross profit increased by 16.8% to €290.8 million, with contributions from all clusters [6] - Underlying EBITDA and EBIT saw significant increases of 42.7% and 57.7%, respectively, compared to the same period last year [6] - Underlying net profit attributable to shareholders rose by 46.3% to €23.4 million [6] - Net cash flow from operating activities grew to €63.8 million, up from €25.5 million in H1 2024, allowing for a reduction in net debt [6] - ROACE on underlying EBIT improved from 10.7% as of June 30, 2024, to 14.3% as of June 30, 2025 [6] Market Position and Strategy - ForFarmers is a leading player in Europe with sales of approximately 10 million tonnes of animal feed [5] - The company has production facilities in the Netherlands, Germany, Poland, and the United Kingdom, and exports to various countries [5] - The reorganization in the United Kingdom has been completed, resulting in substantial profitability improvements [6]
X @Bloomberg
Bloomberg· 2025-08-01 03:34
Cargill agreed to sell its Malaysian animal feed producer to a local poultry farmer amid a reorganization of its global business https://t.co/8DpPpwCGg2 ...
Darling Ingredients(DAR) - 2025 Q2 - Earnings Call Presentation
2025-07-24 13:00
Financial Performance - Total Net Sales increased by 1.8% to $1,481.5 million in Q2 2025 compared to $1,455.3 million in Q2 2024[4] - Gross Margin increased by 5.8% to $345.9 million in Q2 2025 compared to $326.9 million in Q2 2024[4] - Net Income decreased significantly by 83.9% to $12.7 million in Q2 2025 compared to $78.9 million in Q2 2024[4] - EPS Diluted decreased by 83.7% to $0.08 in Q2 2025 compared to $0.49 in Q2 2024[4] - Total combined adjusted EBITDA decreased by 8.8% to $249.5 million in Q2 2025 compared to $273.6 million in Q2 2024[4] Segment Performance - Feed segment adjusted EBITDA increased by 11.3% to $135.9 million in Q2 2025 compared to $122.1 million in Q2 2024[4] - Food segment adjusted EBITDA decreased by 4.5% to $69.9 million in Q2 2025 compared to $73.2 million in Q2 2024[4] - Fuel segment adjusted EBITDA decreased by 29.1% to $61.3 million in Q2 2025 compared to $96.8 million in Q2 2024[4] Balance Sheet - Cash and cash equivalents were $95 million as of June 28, 2025, compared to $76 million as of December 28, 2024[5] - Total debt was $3,980 million as of June 28, 2025, compared to $4,042 million as of December 28, 2024[5]