Corrects gross margin to EUR 50.4 mln, from EUR 50,431, in Key Details table
Overview
France distance-seller for agriculture reported 2025 revenue up 6.1% yr/yr
EBITDA multiplied by nearly four times, reflecting improved pricing and cost discipline
Net loss narrowed and cash flow turned positive, enabling €7 mln debt reduction
Outlook
Winfarm expects continued cash generation and debt reduction in 2026, driven by higher EBITDA
Company plans to maintain strict cost control and close monitoring of working capital needs
Winfarm sees positive activity indicators for 2026 despite ongoing geopolitical uncertainty
Result Drivers
PRODUCT SALES - Strong sales in Hygiene and Animal Nutrition products boosted Farming Supplies, with VITAL and EQUIDEOS brands performing well
GEOGRAPHIC EXPANSION - BTN de Haas revenue grew 15% due to expansion in Belgium and increased web channel activity
INTERNATIONAL DEMAND - Farming Production segment saw 19% revenue growth, driven by strong demand in Asia (+47.3%) and the Middle East (+20%)
Company press release: ID:nGNE9yTBB4
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
-EUR 831,000
FY Gross Margin
EUR 50.4 mln
FY EBITDA
EUR 5.30 mln
FY Operating Income
-EUR 223,000
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the fishing & farming peer group is "buy."
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 9 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(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.)