DN AGRAR Group (BVB: DN), one of the leading integrated agrifood company in Romania and the largest dairy milk producer in Europe, closed 2025 with preliminary turnover of RON 213 million, up by 21 percent compared to 2024. The net profit increased by 65 percent to RON 52 million, translating into a net margin of 25 percent.

Peter de Boer, CEO, DN AGRAR Group: „2025 was a defining year for DN AGRAR, marked by strategic growth and consolidation, supported by solid operational execution. We exceeded 70 million liters of milk delivered, a 13 percent increase compared to the previous year, with financial performance supported by both volume growth and favorable milk price dynamics. Under our 2025–2030 Development Strategy, announced in May, we are executing on a clear set of priorities: expanding our core dairy activities, strengthening vertical integration, and diversifying into higher value-added and sustainable growth segments.

During the year, we advanced the Straja farm project, expand our composting operations, progressed the biomethane partnership with BSOG Energy, and announced the investment in a dairy processing facility designed to strengthen margins and regional positioning. All these initiatives are transforming DN AGRAR from a leading milk producer into an integrated agri-food platform. With a strengthened executive structure and a clear roadmap toward the Main Market of the Bucharest Stock Exchange, we are building a more scalable, resilient, and future-ready organization positioned for sustainable long-term growth.” 

Key elements of profit and loss account and the balance sheet in 2025 compared to 2024:

• Operating revenues reached RON 335 million, advancing by 27 percent, driven by a 13 percent increase in milk production and a favorable evolution of the average milk selling price.
• Revenues from sold production amounted to RON 202 million, up by 16 percent;
• Operating subsidies were RON 29 million, up by 22 percent compared to 2024,mainly supported by the operationalization of the Straja farm and the higher amount granted per animal for animal welfare part.
• Operating expenses amonted to RON 263 million, up by 20 percent, driven by the expansion of the livestock herd, higher energy and personnel costs, and increased input prices.
• EBITDA reached RON 97 million, up by 37 percent, significantly outpacing revenue growth and driving EBITDA margin above to 45 percent.
• The total assets reached approximately RON 441 million, up 22 percent;
• Total liabilities amounted to RON 221 million, an increase of 14 percent;
• Long-term liabilities reached RON 132 million, up 19 percent, reflecting the ongoing investments in the strategic projects.
• Investments amounted to RON 52 million in 2025.

In 2026, DN AGRAR will prioritize the diversification of its core business segments as a key pillar of sustainable growth. For the first part of 2026, a decreasing trend in the average milk price can already be observed. In line with broader European market trends and expectations, DN AGRAR anticipates a gradual stabilization in the second half of the year, with the average milk price for full year 2026 remaining below the 2025 figure.