Agravis Annual Report 2023

The solid performance in the AGRAVIS operating segments is evidenced by a Group turnover of EUR 8.8 billion – the decline compared to 2022 is exclusively due to the falling prices for important product groups such as grain, rapeseed, fertilizers and energy.

We were able to confirm our pre-tax profit of EUR 64.5 million, which is a solid figure compared to the previous year. The stable result also made it possible to pay an inflation compensation bonus to our employees throughout the year in order to cushion the impact of the inflation rate for them to some extend at least.

After all, our employees, with their expertise, courage, and commitment, are the basis and driving force behind the success of AGRAVIS. At the same time, we have succeeded in reducing our debt and strengthening our equity base. The extension of the syndicated loan until 2027 manifests the secure financial foundation for the coming years.