ForFarmers

The ForFarmers share rose 3.6% to €5.99 after the company reported first-half 2026 results that were significantly better than expected. Adjusted net profit attributable to shareholders climbed 59.4% to €37.3m, adjusted EBITDA was €84.7m, beating the consensus of €80.1m. Net debt stands at €22.4m, return on average capital employed (ROACE) improved to 22.0%, and the Polish competition authority approved a joint venture with KPS Food Group. CEO Pieter Wolleswinkel views the recovery as sustainable, prompting investors to buy. » More on de.investing.com

ForFarmers increased total volume in 2025 by 18% to 10.6 million tonnes and lifted adjusted net profit by 50% to €61.9 million, driven by organic growth and acquisitions. Gross profit, adjusted EBITDA and EBIT rose significantly, ROACE increased to 17.4%; the company proposes a dividend of €0.30 per share. ForFarmers converted net debt into a net cash position of €6.0 million and doubled operating cash flow to €148.3 million. As a strategic move, ForFarmers announced a joint venture with KPS in Poland (majority stake 50.5%) for vertical integration in the poultry sector, with completion expected in Q3 2026 subject to approvals. » More on de.investing.com

ForFarmers reports adjusted net profit growth in H2 2025 to €61.9 million (+50%) and earnings per share of €0.70. Total volume rose to 10.6 million tonnes (+80%) and the company proposes a 50% dividend increase to €0.30 per share. Strategic acquisitions and joint ventures strengthened market shares in the Netherlands, the UK and Poland; a KPS transaction and further investments in the UK and sustainability initiatives are planned. Risks remain in poultry farming in Poland (including avian flu), price volatility in milk and pork, and potential impacts from Dutch buyback programmes. » More on de.investing.com