The Agroland Group (stock symbol AG), which operates in the retail, agribusiness, food production, and animal nutrition sectors, reported solid operating results in the second quarter of 2026, driven by accelerated growth in the table egg production segment, the expansion of the Agribusiness division’s production capacity, and the positive performance of its retail network.
“Our second-quarter operating results confirm the direction in which we have been building the Group over the past few years. We are seeing accelerated growth in both egg production and feed production, two segments that are mutually supportive and allow us to maintain better control over costs and operational efficiency. At the same time, our retail network continues to attract more customers, and despite the current market conditions, the trend in average receipt value shows that investments in expanding the MEGA format are beginning to translate into commercial performance. We will continue the investments outlined in the Agroland Vision 2030 strategy, with the goal of strengthening the Group’s position across all business lines and capitalizing on growth opportunities,” said Horia Cardoș, founder and CEO of Agroland Group.
The Food Division posted the strongest growth in Q2 2026. The poultry facility in Mihailesti sold a total of 27.3 million table eggs in the second quarter of the year, 53% more than in the same period of 2025. This growth was also supported by a 15% increase in the average selling price, as demand for eggs continues to remain high.
The Agribusiness Division also continued to show growth. The Group’s two feed mills, in Caransebes and Isalnita, produced a total of 10,395 metric tons in Q2 2026, up 43% compared to the same period last year and 36% compared to the first quarter of 2026. This trend confirms the steady increase in the productivity of the production capacities developed by the Group in recent years. As a result, average quarterly production rose from 4,526 metric tons in 2024 to 7,215 metric tons in 2025, reaching 9,013 metric tons in the first half of 2026. In the first six months of the year, cumulative feed production totaled 18,027 metric tons, 25% higher than the level recorded in the same period of 2025.
The Retail Division also reported positive results. As of the end of June 2026, the Agroland network comprised 264 stores, including 218 traditional stores and 46 MEGA-format stores. In Q2 2026, the Group’s stores recorded 1.5 million customer visits, up 7% compared to the same period last year, while the average receipt value reached 95 lei, 4% higher than in Q2 2025. Additionally, in the first half of the year, the Agroland network attracted 2.2 million customers, a 5% increase compared to H1 2025, and the average receipt value rose to 90 lei, up 2% compared to the same period last year.
The Agroland Group continues to implement its Vision 2030 strategy, which aims to promote the integrated development of all its business lines. The investments are aimed at expanding the poultry farm in Mihailesti to a capacity of 900,000 laying hens by 2027, developing the Agribusiness division, and expanding the retail network, with the goal of reaching 300 stores by the end of 2028. Through these investments, the Group aims to strengthen its competitive advantages, increase its level of operational integration, and meet the growing demand for its products.
About Agroland Group
Agroland is a Romanian business group active in the retail, agribusiness, food production, and animal nutrition sectors. It was founded by Horia Cardos and began operations in 1997 as a small chain of stores for farmers. Currently, through its Agroland Retail division, the group operates the largest network – over 250 stores specializing in the sale of products for gardens, farms, and pets.
The Agroland Food division encompasses existing farms, the egg-processing plant, breeding farms, and hatcheries, and will include a slaughterhouse in the future. The Agroland Agribusiness division manages feed mills, the distribution of agricultural inputs, grain trading, and seed production and selection.
The shares of Agroland Business System and Agroland Agribusiness have been listed on the AeRO market of the Bucharest Stock Exchange since 2021, under the symbols AG and AAB, respectively.
