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ForFarmers NV (FFARM.AS)

FFARM.AS on Amsterdam Stock Exchange

9.96EUR
17 Oct 2018
Change (% chg)

€0.36 (+3.75%)
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€9.60
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Volume
178,133
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€12.54
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Latest Key Developments (Source: Significant Developments)

Forfarmers H1 Profit Attributable To Shareholders +14.5% At EUR 34.8 Million
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - ForFarmers NV ::H1 TOTAL FEED(2) VOLUME: +2.1% AT 4.8MT.SAYS H1 NET REVENUE: +2.8% AT EUR 1,141.6 MILLION; LIKE-FOR-LIKE GROWTH EQUALLED 3.9%.H1 GROSS PROFIT: +5.0% AT EUR 217.7 MILLION; LIKE-FOR-LIKE GROWTH (6.2%).H1 UNDERLYING EBITDA: +1.2% AT EUR 52.3 MILLION.H1 PROFIT (ATTRIBUTABLE TO SHAREHOLDERS): +14.5% AT EUR 34.8 MILLION.WE ARE ON TRACK TO REALISE OUR PREVIOUSLY STATED MEDIUM TERM GUIDANCE..GLOBAL TENSIONS WITH RESPECT TO IMPORT TARIFFS COULD POSSIBLY HAVE A POSITIVE IMPACT ON THE EUROPEAN EXPORT OF PIG MEAT TO CHINA, MEXICO, JAPAN AND CANADA.SAYS ANNOUNCED ACQUISITIONS (TASOMIX, VOEDERS ALGOET AND MAATMAN) ARE CONSOLIDATED AT CLOSING, IN THE SECOND HALF OF THIS YEAR.RUMINANT FARMERS COULD POSSIBLY NEED MORE COMPOUND FEED GIVEN THE SHORTAGE OF ROUGHAGE ON FARM..SAYS INTENDS TO CONSTRUCT A NEW FEED MILL (CAPACITY OF APPROXIMATELY 300KT) IN WESEL, WEST GERMANY.SAYS WILL ALSO CONTINUE TO LOOK FOR APPROPRIATE ACQUISITION TARGETS IN GERMANY.  Full Article

Forfarmers NV Is Operational In Poland Through Tasomix
Tuesday, 3 Jul 2018 

July 3 (Reuters) - ForFarmers NV ::IS OPERATIONAL IN POLAND THROUGH TASOMIX.HAS PAID PLN 242 MILLION (CURRENTLY APPROXIMATELY €57.1 MILLION) IN CASH AND HAS RECEIVED 60% OF THE SHARES.WILL FULLY CONSOLIDATE THE TASOMIX RESULTS IN ITS CONSOLIDATED FINANCIAL STATEMENTS AS OF 1 JULY 2018.  Full Article

Forfarmers NV - Forfarmers Strengthens Its Position Mainly In Poultry Sector Through Acquisition Of Maatman
Monday, 2 Jul 2018 

July 2 (Reuters) - ForFarmers NV ::FORFARMERS STRENGTHENS ITS POSITION MAINLY IN POULTRY SECTOR THROUGH ACQUISITION OF MAATMAN.IS PAYING MAATMAN A PRICE FOR THE ASSETS/LIABILITIES TRANSACTION BASED ON AN ENTERPRISE VALUE OF €7 MILLION.CLOSING OF THE TRANSACTION IS EXPECTED TO TAKE PLACE WITHIN A FEW MONTHS.AS OF THAT MOMENT, THE MAATMAN RESULTS WILL BE CONSOLIDATED IN THE RESULTS OF CO.  Full Article

Forfarmers Sells Arable Activities To CZAV
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Forfarmers Nv ::REG-FORFARMERS N.V.: FORFARMERS THE NETHERLANDS SELLS ARABLE ACTIVITIES (NON-LIVESTOCK FEED RELATED) TO CZAV.REG-FORFARMERS N.V.: FORFARMERS THE NETHERLANDS SELLS ARABLE ACTIVITIES (NON-LIVESTOCK FEED RELATED) TO CZAV.‍WILL RECEIVE EUR 5.65 MILLION ON DATE OF HANDOVER ON COMPLETION OF AGREEMENT​.  Full Article

ForFarmers Q3 underlying EBITDA: limited growth
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - FORFARMERS NV : :‍MARKET CIRCUMSTANCES IN UNITED KINGDOM REMAIN DIFFICULT​.‍Q3 VOLUME TOTAL FEED: GROWTH IN ALL CLUSTERS​.Q3 ‍GROSS PROFIT: GROWTH (INCLUDING NEGATIVE CURRENCY TRANSLATION IMPACT POUND STERLING)​.‍IN LOCAL CURRENCY, GROSS PROFIT IN UNITED KINGDOM WAS NEARLY EQUAL IN Q3​.Q3 UNDERLYING EBITDA: LIMITED GROWTH ‍​.SUPPLY CHAIN EXPERIENCED A HIGHER THAN USUAL TURNOVER OF DRIVERS WHICH PROVED DIFFICULT TO REPLACE AS A RESULT OF MANY NON-UK DRIVERS LEAVING UK DUE TO CONCERNS AROUND BREXIT​.ON UK LOCAL CURRENCY GROSS PROFIT: THERE WAS A DECLINE IN FIRST HALF YEAR​.‍WE STILL REMAIN POSITIVE ABOUT OUR MID TO LONG-TERM UNITED KINGDOM STRATEGY​.‍OPERATIONAL COSTS WERE TEMPORARILY HIGHER BECAUSE OF RESULTING IN A LOWER UNDERLYING RESULT. HIGHER THAN USUAL TURNOVER OF DRIVERS​.‍OPENING OF NEW FACTORY IN EXETER IS PLANNED FOR Q4 OF THIS YEAR.​.  Full Article

BRIEF-ForFarmers Announces Intended Acquisition 60 Percent Stake In Tasomix

* ON TRACK WITH IMPLEMENTATION OF VARIOUS PILLARS OF OUR HORIZON 2020 STRATEGY - CEO