Agrifirm posts turnaround in 2025 results
Cooperative signals recovery, sets course for growth
31 March 2026
2 minute read
By: Royal Agrifirm Group has published its 2025 annual report, describing the year as one of clear recovery, strategic renewal and strengthened future resilience, while laying a foundation for sustainable growth.
In 2025, the cooperative achieved an operating result of €28.2 million, a strong turnaround compared to 2024. The net result amounted to €10.3 million, and Agrifirm will distribute €11.5 million to its members.
The company reported a significantly higher gross margin of 27.1%, up from 26.2% in 2024. Operating cash flow more than doubled to €117.6 million, while liquidity reached €269 million, with no long-term bank debt. Operating expenses were substantially reduced due to process optimisation and the termination of non-strategic projects.
CEO Piet Hilarides said 2025 marked the start of the company’s new strategy, Full Speed Ahead ’28, with a focus on cost control and results-driven performance. He said the cultural shift is already visible, contributing to stronger engagement and job satisfaction within teams.
In the Netherlands, activities showed a mixed but stable picture. Market share in ruminants and pigs remained stable despite a decline in the livestock population. Plant Based Solutions achieved growth through innovations such as Balanced Fertilisation and digital advisory tools, while poultry increased its market share. Welkoop also increased both revenue and market share and was again named the best retail chain in Garden & Animal.
Internationally, results varied by region. Poland delivered a strong turnaround, with volume growth in poultry and cattle feed, improved margins and increasing market share. Latin America showed improvement following earlier challenges, while China remained a complex market due to animal diseases and low pig prices, although recovery measures have been initiated. Feed Belgium underwent an intensive transition year focused on organisational strengthening and commercial professionalisation.
Agrifirm also introduced several sustainable solutions in 2025, including the Crunch concept for piglets and poultry, Groeizicht for dairy farmers, and the Total Crop Approach focused on preventive cultivation strategies and biostimulants. The company further expanded precision agriculture, data-driven advisory services and emission-reduction techniques.
The cooperative reported progress in sustainability, with 86% of raw materials sourced responsibly, a 76 per cent reduction in Scope 1 and 2 CO₂ emissions compared to 2019, and 22% of gross margin generated from sustainable solutions.
The outlook for 2026 remains challenging due to structural changes in the agricultural sector, declining livestock numbers and an increasingly complex regulatory framework, particularly in the Netherlands. At the same time, Agrifirm said it sees opportunities to build on the foundation laid in 2025 by strengthening market positions, developing sustainable solutions and investing in its organisations and teams.
Hilarides said the company looks to the future with confidence, citing its strong financial position and long-term strategy, and reaffirmed its commitment to a resilient and sustainable agricultural sector.
