Agravis' leader insists on trustworthiness from the CDU and SPD parties. - Agravis leader appeals for greater trustworthiness from CDU and SPD parties.
Hey there! Let's dive into the latest news from the agricultural sector. The big cheese of Germany's second-largest agricultural trader, Agravis, Dirk Köckler, recently laid out the company's financial figures for 2024—but his eyes are fixed on the future. On a mission to persuade the incoming federal government, Köckler called for the CDU and SPD to swiftly create reliable framework conditions to help reduce the colossal investment backlog in agriculture. Why? To offer greater certainty to young farmers who need dependable guidelines in construction and emission regulations to make long-term investments.
Agravis Raiffeisen AG anticipates a drop in turnover and a static result before taxes for this year. But 2024 was a profitable year for the cooperative, raking in 65 million euros. Though turnover dipped from 8.8 to 8.5 billion euros, the company expanded in quantities and market share. They attribute the revenue decrease to sliding producer prices.
Looking ahead to 2025, Köckler doesn't see a change in trends, despite a positive start to the year. By year's end, Agravis forecasts a pre-tax profit of 60.1 million euros, a decrease of roughly 7.5%. The agricultural powerhouse predicts 8.1 billion euros in revenue—a dip of 4.7%. To minimize expenses, they plan to trim down their investments from 114 million euros in 2024 to 59 million euros in 2022.
Agravis currently employs 7076 people, a 223-person increase from last year due to a company acquisition. With locations all across North Rhine-Westphalia, Lower Saxony, and other federal states, this agricultural juggernaut is making waves nationwide.
As for the CEO and politics, well, it's a bit murky. Köckler hasn't shared his thoughts on the impact of political parties like CDU and SPD on Agravis's future. However, let's not forget that this industry is heavily dependent on market dynamics, political stability, and adaptability to challenges such as climate change and supply chain disruptions. Let's keep our eyes peeled for any updates!
Agravis CEO Dirk Köckler emphasized the importance of a stable political environment, expressing the need for the CDU and SPD to establish a dependable framework to support the agricultural sector, particularly in terms of construction and emission regulations, as these guidelines are crucial for young farmers to make long-term investments.
Despite a projected pre-tax profit decrease of 7.5% and a revenue dip of 4.7% in 2025, Agravis anticipates improving their reliability and reducing expenses by trimming down investments from 114 million euros in 2024 to 59 million euros in 2022.
In the realm of vocational training, Agravis continues to invest, with its focus on offering high-quality educational programs to train the next generation of agricultural professionals, helping to maintain the profitability and growth of the company.
