{
}
Agravis Raiffeisen AG, Germany's second-largest agricultural trader, expresses satisfaction with its performance in 2024, highlighting the systemic relevance of agriculture. The outlook for 2025 remains uncertain, prompting interest in future developments within the sector.
AGRAVIS Group anticipates a turnover exceeding €8 billion and earnings before taxes of €60.1 million for the current financial year, despite a challenging market environment. CEO Dr. Dirk Köckler emphasized the importance of agriculture in Germany and the company's commitment to sustainability, with planned investments of €59 million in energy self-sufficiency and innovative practices. The equity increased to €692 million, reflecting the group's solid economic position and market strength.
Agravis Raiffeisen is experiencing growth in both online and stationary retail, with significant increases in the pet sector, particularly a 28% rise in sales. The company plans to remodel several locations while expanding its online sales strategy. Additionally, it welcomed five new shareholders, bringing the total to 43, and anticipates further growth in the coming year.
The Agravis spring trade fair, held on February 25-26, showcased the latest trends and products for the upcoming autumn/winter season, attracting around 1,000 trade visitors. Despite economic challenges in Germany, the atmosphere was positive, with a focus on modernizing retail through product ranges and digital solutions. New offerings included pet products and innovations in hobby farming and equestrian sports.
Raiffeisen Ostmünsterland reported sales revenues of 80.3 million euros for the financial year 2023/2024, a decline attributed to falling commodity prices, particularly in fertilizers and animal feed. Despite challenges, the cooperative achieved double-digit volume growth in its own feedstuffs and maintained a satisfactory net profit, with a two percent dividend approved for its 661 members. The outlook remains cautiously optimistic amid ongoing uncertainties in the retail sector.
Agravis Raiffeisen AG remains committed to Germany as a livestock farming location, emphasizing the need for a balance between sustainability, profitability, and resource conservation. CEO Dr. Dirk Köckler highlighted recent achievements, including a 40% reduction in CO2 emissions in pork production and the launch of climate-friendly fertilizers. The company aims to enhance sustainable agriculture by involving all stakeholders in the value chain, ensuring that animal welfare initiatives benefit livestock farms directly.
AGRAVIS Raiffeisen AG emphasizes its commitment to sustainable agriculture in Germany, focusing on innovative practices that balance economic efficiency and resource conservation. The company has achieved a 40% reduction in CO2 emissions in pork production and promotes the use of climate-friendly fertilizers and energy generation from renewable sources. CEO Dr. Dirk Köckler highlights the importance of collaboration across the value chain to ensure the future viability of German agriculture.
Agravis Raiffeisen aims to expand its network by welcoming new partners, including those outside the cooperative sector. At the Franchise-Expo 2024, the company showcased its enhanced cooperation model, which now includes financing concepts and comprehensive support for partners, enhancing customer satisfaction and sales. With 500 partner stores, Agravis is adapting its 30-year-old retail concept to meet evolving market demands.
Agravis Raiffeisen AG is optimistic about achieving targeted consolidated earnings of EUR 60.1 million and expects turnover of EUR 8.1 billion for the current financial year. CEO Dirk Köckler noted a solid need for reinvestment in agricultural equipment, particularly in livestock farms, despite a decline in livestock farming in Germany. He emphasized the importance of creating investment-friendly conditions to counteract this negative trend.
AGRAVIS Raiffeisen AG is a leading agricultural trading company based in Münster, Germany, specializing in agricultural products, animal nutrition, crop production, and technology. With over 6,300 employees and a turnover of EUR 6.4 billion, it operates more than 400 locations primarily in Germany and has international activities in over 20 countries, exporting to more than 100 countries worldwide.
AGRAVIS RAIFFEISEN AG
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
agravis raiffeisen ag optimistic about agriculture's future in 2025
13:38 19.03.2025
agravis group reports solid financial performance and plans for sustainable growth
12:03 19.03.2025
agravis raiffeisen reports growth in online and stationary retail sectors
12:20 03.03.2025
Agravis trade fair showcases trends and products for upcoming season
07:20 28.02.2025
raiffeisen ostmünsterland reports positive financial results and cautious outlook
Euro
AGRAVIS RAIFFEISEN AG
Bayer AG
DEU
Bernd Degener
Norbert Kampmann
Constantin Marquardt
Show more
07:59 24.02.2025
Agravis Raiffeisen commits to sustainable livestock farming in Germany
11:16 17.01.2025
Agravis Raiffeisen AG champions sustainable agriculture and climate goals in Germany
10:01 17.01.2025
Agravis Raiffeisen Expands Partnership Opportunities to Boost Growth and Innovation
08:35 10.12.2024
agravis reports optimistic outlook for sales and earnings in 2024
08:28 15.11.2024
Agravis Raiffeisen AG Expands Global Reach in Agricultural Trading and Services
11:19 14.11.2024
Trending
Subcategory
Corporate News
Industry Trends
Stock Market Updates
Finance Mergers & Acquisitions
Retail and Consumer Goods
Global Financial Events
Global Trade Developments
Industry Mergers & Acquisitions
Banking Regulations
CEO Changes
Market Analysis and Predictions
Supply Chain Management
Workplace Trends
Government Economic Policies
Central Bank Actions
Startups & Entrepreneurship
Hedge Funds & Private Equity
Financial Scams and Security
Government Policies
Domestic Politics
Countries:
Companies:
Barclays PLC
BNP Paribas SA
Tesla, Inc.
Deutsche Bank RV Global PP
Apple Inc.
Raiffeisen Bank International AG
JPMorgan Chase & Co.
Citigroup Inc.
UniCredit S.p.A.
Strabag SE
The Goldman Sachs Group, Inc.
UBS Group AG
Bank of America Corporation
Google Inc.
Morgan Stanley
Kering S.A. (ADRs)
Banco BPM S.p.A.
Berner Kantonalbank AG
Microsoft Corporation
Lloyds Banking Group plc
Currencies:
United States Dollar
Euro
Chinese Yuan
British Pound Sterling
Swiss Franc
Indian Rupee
Japanese Yen
Vietnamese Đồng
Hong Kong Dollar
United Arab Emirates Dirham
Australian Dollar
Indonesian Rupiah
Russian Ruble
Brazilian Real
Filipino Peso
Malaysian Ringgit
South African Rand
South Korean Won
Offshore Chinese Yuan
Ghanaian Cedi
People: