ForFarmers : If pigs had wings
>1Q22 recap: EBITDA decline continues to accelerate - ForFarmers reported a very poor (qualitative) 1Q22 trading update, with yoy underlying EBITDA down 47% (1Q21: down 13%, implied 4Q22: down 23%). Total feed volume was down 7.3%, being down in all countries (except Poland) and all animal species. Despite ForFarmers cycling a 1Q21 characterised by unfavourable German contracts (€4m negative 1H21 impact), underlying EBITDA is significantly down mainly on the back of e...ForFarmers NV is an agricultural feed company based in the Netherlands that offers feed solutions for conventional and organic livestock farming. Its product portfolio comprises, among others, products for crop farming and pasture farming, as well as feed for the ruminant, swine, poultry and equine sectors, including compound feed and blends, feed for young animals and specialties, raw materials and co-products to seed and fertilizers. Its core activities are feed production, logistics and the provision of total feed solutions. The Company operates through the segments The Netherlands, Germany/Belgium and the United Kingdom, and operates approximately 40 production facilities in these countries.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.