DN AGRAR
delivers solid 2025 performance,
with a 65% increase in Net Profit

Turnover hits RON 213 million, as
Net Profit reaches RON 52 million

Key indicators for 2025:

 

✅ DN AGRAR closed 2025 with a preliminary turnover of RON 213 million, up by 21% compared to 2024.

 

✅ The Net Profit increased by 65% to RON 52 million, translating into a robust Net Margin of 25%.

 

✅ EBITDA reached RON 97 million, up by 37% versus 2024, significantly outpacing revenue growth and driving EBITDA margin above to 45%.

 

✅ Investments made in 2025 amount approximately RON 52
million, being directed towards the Group's main strategic
projects.

 

✅ The strong results reflect disciplined operational execution, improved efficiency across the Group, and the effective implementation of strategic investments, reinforcing DN AGRAR’s capacity to generate sustainable growth and enhanced shareholder value in a volatile market environment.

Download the report HERE!
 

Peter de Boer

CEO & BoD Member
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% 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.”

 

We invite you to discover

the summary of DN AGRAR's 2025 performance

presented by Peter de Boer, CEO & BoD Member of DN AGRAR

 

Financial highlights for the 2025:

 

✅ Operating revenues reached RON 335 million, advancing by 27%, driven by a 13% 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%.
✅ Operating subsidies
were RON 29 million, up by 22% 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
amounted to RON 263 million, up by 20%, driven by the expansion of the livestock herd, higher energy and personnel costs, and increased input prices.
✅ The total assets
reached approximately RON 441 million, up 22%.
✅ Total liabilities
amounted to RON 221 million, an increase of 14%.
✅ Long-term liabilities
reached RON 132 million, up 19%, reflecting the ongoing investments in the strategic projects.

 

▶️ In 2026, DN AGRAR will continue to 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. 

 

▶️ The impact at Group level is expected to be partially offset by the strength of its integrated business model and the expansion of value-added activities. While short-term volatility may persist, the medium and long-term outlook for the company remains positive, supported by structural demand and ongoing strategic investments.

 

We reiterate the invitation to the teleconference to present the financial and operational preliminary results of 2025

MONDAY, FEBRUARY 23rd, 2026

 05:00 PM, ONLINE 

The event will be held in ENGLISH, with simultaneous translation

into ROMANIAN, via ZOOM.

Confirm your participation HERE! 
 

We encourage you to submit your questions before the teleconference, on the registration link or at the following email address:

investors@dn-agrar.eu !

 

 

The Report with the financial and operational preliminary results of 2025 is available both on the BVB website (symbol DN),

as well as on the DN AGRAR website, in the Investors section.

More details HERE!
 

DN AGRAR
2025 - 2030 DEVELOPMENT STRATEGY

 Available HERE!

 

DN AGRAR CAPITAL MARKET STORY 

 Available HERE!

 

Events Calendar

February 23rd, 2026

Teleconference presenting the 2025 Preliminary Financial Results

February 24th, 2026

”Deschiderea de Astăzi” live show from Ziarul Financiar - Speaker Peter de Boer, CEO & BoD Member

March 12th, 2026

"Economic developments and the investment climate in Romania" event organized by the Dutch-Romanian Network in Wassenaar, The Netherlands - Speaker Peter de Boer, CEO & BoD Member

March 16th, 2026

”Capital Market Summit” by Ziarul Financiar - Speaker Peter de Boer, CEO & BoD Member

March 25th, 2026

Publication of 2025 Annual Report

 

News for Investors

February 11th, 2026

DN AGRAR published the key operational indicators for January 2026.

   

More details HERE.

February 9th, 2026

DN AGRAR informed the shareholders and investors that on February 23rd, 2026, starting 05:00 PM (Romanian time), will be hosting a teleconference to present the company’s preliminary financial and operational results for 2025.

 

More details HERE.

January 30th, 2026

DN AGRAR obtained the maximum score of 10 in the VEKTOR by ARIR 2025 evaluation, conducted annually by the Romanian Investor Relations Association (ARIR), for the 3rd consecutive year.

   

More details HERE.

January 28th, 2026

DN AGRAR published the consolidated financial statements, as of September 30th, 2025, in accordance with International Financial Reporting Standards (IFRS).

 

More details HERE.

January 16th, 2026

During the Ordinary General Meeting of Shareholders (OGMS) on January 16th, the shareholders approved the financing plan for the development of a skimmed milk and cream processing plant. The investment of EUR 3,500,000 will be funded through a credit facility from Exim Banca Românească.

 

More details HERE.

 

Financial Calendar for 2026 Available HERE!

 

About DN AGRAR Group

DN AGRAR is the largest dairy milk producer in Europe and one of the leading integrated agrifood company in Romania, listed on the Bucharest Stock Exchange since 2022.

 

The Group operates an integrated business model focused on milk production, crop cultivation, organic composting and green energy, supporting a sustainable, circular agriculture.

 

With five large-scale farms and a livestock base of approximately 18,000 heads, it delivers over 70 million liters of milk per year, with the goal to double the production to 150–200 million liters annually by 2030.

 

DN AGRAR Group manages more than 10,000 hectares of farmland and two compost facilities with a capacity of 14,000 tons of organic fertilizer per year, aiming to increase this to 40,000 tons by 2030.

 

The Group has tripled its business in just three years since going public and now targets a doubling of EBITDA by 2030, alongside the ambition to produce net-zero milk.

 

To support its growth as a regional leader in premium dairy and food production, DN AGRAR Group’s 2030 strategy combines the doubling of milk production capacity with expansion into complementary business segments.

These include vertical wheatgrass farms, expected to supply 25% of the current feed input, biomethane production in partnership, industrial greenhouses, and expanded composting infrastructure. Together, these initiatives are designed to enhance operational performance and efficiency, being also enables for the development of industrial clusters and projects for increasing milk value.

 

Founded as a family business in 2008 by Jan Gijsbertus de Boer, DN AGRAR Group operates in the heart of Transylvania, with activities spanning in tree counties - Alba, Sibiu, and Hunedoara. Listed on the AeRO market of the Bucharest Stock Exchange since February 2022, the company is included in the BETAeRO local index, as well as in the international indices MSCI Frontier IMI and MSCI Romania IMI (Small Cap category).

 

INVESTOR RELATIONS CONTACT

Peter de Boer, CEO & BoD Member

investors@dn-agrar.eu, +40 258 818114

DN AGRAR Group Romania, No. 1, Iuliu Maniu, Alba-Iulia, Alba 510094, Romania