ForFarmers

Factsheet

ForFarmers
Kwinkweerd 12,  7241 CW Lochem, Netherlands
T: +31 (0)573 28 81 94
M: caroline.vogelzang@forfarmers.eu
www.forfarmersgroup.eu

Euronext
FFARM

Company info
ForFarmers is an internationally operating feed company that offers Total Feed solutions for conventional and organic livestock farming. ForFarmers gives its very best “For the Future of Farming”: for the continuity of farming and for a financially secure sector that will continue to serve society for generations to come in a sustainable way.

Information by Meaning2Numbers

03/11/2020

ForFarmers

ForFarmers
ForFarmers trading update Q3-20

Volume declines persisted in Q3, although not as negative H1. Still, EBITDA was down by -9.4%

Q3 volumes declined, although not as negative as in H1
ForFarmers provided a trading update with selected KPI’s for its Q3-20. Highlights were the
following:
Volume Total Feed: l-f-l growth -2.8% (H1 -5.6%): The decline was thus softer than in H1.
Volumes were stable in Germany/Poland, but down in both the Benelux and the UK;
Volume Compound Feed: l-f-l growth -3.7% (H1 -4.9%). Same trend as in Total Feed;
Gross profit: l-f-l growth -6.8% (H1 +2.5%): Gross profit was impacted by the volume decline
but also margin pressure in Poland as well as a temporarily adverse mix in the UK;
Underlying EBITDA: l-f-l growth -9.4% (H1 +34.6%; note that growth in H1-20 was above all
due to a soft comparison base as H1-19 EBITDA was impacted by a purchasing mismatch).
Although operational costs were also reduced, that could not offset the gross profit decline.
Also note that Compound Feed’s volume decline was sharper than for Total Feed also
resulting in a negative mix.

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Content


  • ForFarmers Trading Update Q3 - 2020
  • ForFarmers Acquisition De Hoop - 2020
  • ForFarmers research August - 2020
  • ForFarmers CMD comments - 2020

Company Information

General Information

ForFarmers (Lochem, the Netherlands) is an internationally operating feed company that offers Total Feed solutions for conventional and organic livestock farming. ForFarmers gives its very best “For the Future of Farming”: for the continuity of farming and for a financially secure sector that will continue to serve society for generations to come in a sustainable way. By working side-by-side with farmers ForFarmers delivers real benefits: better returns, healthier livestock and greater efficiency. This is achieved by offering tailored and Total Feed solutions and a targeted approach with specialist and expert support. With sales of approximately 10 million tons of feed annually, ForFarmers is market leader in Europe. The company is operating in the Netherlands, Germany, Belgium, Poland and the United Kingdom. ForFarmers has approximately 2,700 employees. In 2019, the turnover amounted to over € 2.46 billion. ForFarmers N.V. is listed on Euronext Amsterdam.

Financial reports


  • ForFarmers annual report 2020 - 2020
  • ForFarmers Q3 Trading update - 2020
  • ForFarmers press release H1 - 2020
  • ForFarmers financial presentation H1 - 2020
  • ForFarmers: strategy 2025 - 2020
  • ForFarmers CMD presentation: strategy 2025 - 2020
  • ForFarmers Q1 Trading update - 2020
  • ForFarmers Annual Report 2019 - 2020
  • ForFarmers FY19 results presentation - 2020
  • ForFarmers FY19 results - 2020
  • ForFarmers 3Q19 trading update - 2019
  • ForFarmers 1H19 report - 2019
  • Annual Report 2018 - 2019

Other Information

News


Contact

Caroline Vogelzang
Directeur Investor Relations
caroline.vogelzang@forfarmers.eu
T: +31 (0)573 28 81 94