DN AGRAR reports net profit of 14 million RON, up 78 percent in Q1

DN AGRAR Group, Romania’s largest integrated livestock farm and leading producer of cow milk, closed the first quarter of 2025 with a turnover of RON 51 million, an increase of approximately 27 percent compared to the same period last year. This growth was fueled by an increase in both the volume of milk delivered and the selling price of milk.

Net profit reached RON 14 million, reflecting a 78 percent increase, with a net profit margin of 28 percent, supported by operational efficiency and favorable market conditions.

Jan Gijsbertus de Boer, Chairman of the Board, CEO, DN AGRAR Group: “DN AGRAR continued its upward trajectory in 2025, delivering the strongest quarterly performance in the company’s history in a challenging economic environment. Our approach to managing financial performance continues to focus on three pillars: strategic investments, operational efficiency, and market adaptability. On the financial side, increased milk production, higher selling prices, and cost optimizations played an important role in delivering the strong results, with a 44 percent increase in EBITDA. Aligned with our sustainability strategy, we made investments of RON 20 million in the first quarter and approved new investments, including the construction of a second composting plant at the Lacto Agrar farm and the installation of solar panels on the rooftops of our Apold, Lacto Agrar, and Cut farms. These projects will further enhance our energy efficiency and support our long-term commitment to circular agriculture.”

Financial highlights for Q1 2025:

• Operating revenue reached RON 73 million, up 22 percent.
• Revenues from production sold were RON 51 million, up 27 percent.
• Revenues from operating subsidies advanced to RON 7 million, up by 18 percent, mainly following the commencement of operations at the new DN AGRAR Straja.
• Operating expenses increased to RON 54 million, by 12 percent.
• The operating result recorded a significant increase of 64 percent in the first quarter of 2025, to RON 19 million.
• The total assets reached RON 380 million, an increase of over 5 percent compared to the end of 2024.

Operationally, DN AGRAR delivered approximately 17 million liters of milk, reflecting a 7 percent increase in the quantity of milk delivered. This performance was supported by herd expansion, with over 16,000 head of cattle, an 11 percent increase compared to the same period last year.

In 2025, DN AGRAR expects a 20 percent increase in turnover, driven by higher milk production, reaching nearly 70 million liters, and new revenue from the composting business.