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Livestock Feed Manufacturing / Europe / Industry News & Trends / Business & Markets
on August 15, 2019

ForFarmers sees ‘disappointing’ first-half results

Efficiency plans brought about the closure of 4 feed mills so far this year

ForFarmers Group reported what it called “disappointing” results for the first half of 2019.

The European farmers cooperative reported a 61.5% decline in underlying profit, to EUR11.9 million (US$13.2 million), and a 1.7% drop in gross profit, to EUR214.1 million.

Revenue rose by 11.6% (EUR132.8 million) to EUR1,274 million, including…

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