DN AGRAR Group, one of the leading integrated agrifood company in Romania, reported record results for the first nine months of 2025. The company achieved a turnover of RON 158 million, a 25 percent increase year-on-year, while net profit doubled to RON 43 milllion.

These results were supported by the herd expansion to 17,000 cattle, leading to higher milk deliveries, of 52 million litters in the first 9 months of the year, up by 11 percent, and a higher average selling milk price.

Peter de Boer, CEO, DN AGRAR Group: “DN AGRAR Group continued its strong growth trajectory despite the challenges posed by difficult weather conditions and fiscal changes, with a 49 percent EBITDA margin and a doubling of the profit compared to the first nine months of 2024. We expect to exceed the annual results forecasted in March 2025, and the upward revision of the consolidated budget published in September confirms the solid momentum across all business lines. The Romanian dairy and agribusiness market remains complex, influenced by economic, climatic, and legislative pressures, including the extension of the dairy price cap until March 2026, which continues to weigh on margins across the value chain. Nevertheless, we remain confident in the fourth-quarter results, although we expect growth to moderate.” 

Financial highlights for the 9 months of 2025:

• Operating revenue reached RON 245 million, an increase of 27 percent.
• Revenues from production sold were RON 151 million, up by 20 percent.
• Operating subsidies advanced to approximately RON 22 million, up by 28 percent, following the commencement of operations at the Straja farm and the increase of the subsidy for dairy cattle welfare.
• Operating expenses increased to RON 186 million, up by approximately 15 percent.
• Operating profit recorded a significant increase of 89 percent, to approximately RON 60 million.
• Total assets reached RON 418 million, approximately 16 percent increase compared to the end of 2024.
• Total liabilities amounted to RON 208 million, up by 7 percent compared to the end of 2024.
• Long-term liabilities increased to RON 129 million, up by 17 percent, compared to the end of the previous year, mainly due to investments in the Straja farm, solar panels, compost factory equipment and new leasing contracts for agricultural equipment.

In the first nine months of 2025, DN AGRAR accelerated its development process through significant investments, reflected in several key projects.These investments include the construction of the Straja farm, the development of a composting line at the Lacto Agrar farm, the purchase of agricultural equipment, investments in solar panels, with total investments of RON 42 million.

The second compost factory, that will expand the organic fertilizer production capacity up to 14,000 tons, is expected to become operational in Q4 2025.