ForFarmers profits surge on German joint venture boost
Animal diseases weigh on like-for-like volumes in Q1
7 May 2026
1 minute read
By: Dutch animal feed producer ForFarmers reported a rise in first-quarter gross profit and earnings, Reuters reported on Thursday. Profits and earnings were driven by the consolidation of its German joint venture.
Total volume rose 9.3% year on year in the first quarter, with the German consolidation accounting for the bulk of that growth. Gross profit climbed 17.2% and underlying EBIT surged 70.8% compared with the same period last year.
On a like-for-like basis, compound feed volumes fell 1.1%, which ForFarmers attributed to the impact of animal diseases. The company said targeted risk management helped it maintain competitive feed prices despite higher raw material and energy costs.
Shareholders approved a planned Polish joint venture during the quarter, though the deal remains subject to competition authority clearance. ForFarmers expects to complete the transaction in the third quarter.
