Netherlands' ForFarmers Q1 gross profit rises

ForFarmers NV

07/05/2026 06:13

Overview

Netherlands animal feed producer's Q1 total volume rose 9.3%, mainly from German JV consolidation

Q1 gross profit up 17.2% and underlying EBIT up 70.8% yr/yr

Shareholders approved Polish joint venture, pending competition authority clearance

Outlook

ForFarmers expects to complete Polish joint venture transaction in Q3, pending regulatory approval

Result Drivers

GERMAN JV CONSOLIDATION - Q1 total volume growth mainly driven by consolidation of German joint venture

ANIMAL DISEASES IMPACT - Like-for-like compound feed volume declined 1.1% due to animal diseases

RISK MANAGEMENT - Co said targeted risk management helped maintain competitive feed prices despite higher raw material and energy costs

Company press release: ID:nGNE3hwwBp

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Gross Profit
EUR 161.80 mln


Analyst Coverage

The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the fishing & farming peer group is "buy."

Wall Street's median 12-month price target for ForFarmers NV is €7.75, about 31.6% above its May 6 closing price of €5.89

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)