Highlights for investors

Good local market positions that make the difference in the transition to a more sustainable livestock industry

• Clear and striking mission: For the Future of Farming;
• Unique access to farm gate as feed supplier; ranging from Total Feed solutions with advice to specific products;
• Supports livestock farmers with good feed and good advice at a competitive price to optimise (technical) returns on-farm with healthy animals, and at the same time reduce the impact on climate and nature;
• Local organisations to be able to respond quickly and with agility, supported by Group expertise, core values and governance;
• Distinguishing features by market and segment through differentiated offerings;
• Ambitious sustainability agenda: Going Circular For the Future of Farming, with specific targets in areas such as reducing GHG emissions, better nitrogen and phosphate efficiency and using renewable energy;
• Focus on sustainable concepts that address societal themes, such as the use of alternative raw materials, circularity and the further reduction of (nitrogen) emissions;
• Strongly positioned to work together in the value chain for greater efficiency and transparency;
• M&A: healthy balance sheet to strengthen and broaden positions in both home markets and new regions, which fit in terms of culture (country and company).

Financial profile

• Healthy balance sheet and recurring free cash flow;
• Dividend distribution (40%-60% of underlying net profit);
• Exposure to highly fluctuating raw material and energy prices worldwide.