Astarta : Publishes its Report for the First Half of 2025

About this update from Astarta Holding Plc

Astarta continues to publicly report on its operating and financial performance. Consolidated revenues for the first half of 2025 totalled EUR227m, with EUR138m coming from exports, accounting for 61% of the total. Agricultural Production The current season was marked by several climate-related challenges, including insufficient rainfall across much of the country, spring frosts, localized hailstorms, and prolonged rainfall in the western regions - all of which affected crop development and harvesting timelines. Nevertheless, with careful planning, prompt deployment of equipment, and coordinated efforts of Astarta's agronomy and production teams, the Company completed timely harvesting. As of today, the harvesting campaign for early grains and oilseeds has been completed. Wheat yields reached 5.2 t/ha (-3% y-o-y), with a total harvest of 237 kt (-9% y-o-y). Rapeseed yields stood at 2.7t/ha (-20% y-o-y), with total output of 31 kt (-23% y-o-y). The highest results were achieved by Astarta's farms in Western Ukraine: "Zhytnytsia Podillia" reported a wheat yield of 7.4 t/ha, while "Volochysk-Agro" achieved 3.1 t/ha in rapeseeds. Harvesting of late crops is currently underway. At the same time, Astarta's agricultural team has begun sowing winter crops for the 2026 harvest. Planned areas include 44 kha for winter wheat (-3% y-o-y) and 16 kha for winter rapeseeds (+45% y-o-y). In the first half of 2025, the segment generated EUR61m in revenues (-38% y-o-y), primarily due to lower sales volumes of last year's harvest. Exports accounted for 83% of the segment's revenue, compared to 93% in H1 2024. Sugar Production The Astarta team is currently actively preparing for the sugar beet harvesting and processing season. In the first half of 2025, the segment generated revenue of EUR79m, down 38% compared to the same period last year. The decline was driven by an 11% drop in sugar prices and a 29% decrease in sales volumes. Sugar exports accounted for 47% of the segment's revenue compared to 58% in H1 2024. Soybean Processing In the first half of 2025, soybean processing volumes remained stable y-o-y at 123 kt. Revenue declined by 6% to EUR55m, driven by price volatility, while exports accounted for 91% of the segment's revenue. The investment project for the construction of the soy protein concentrate plant is progressing on schedule, with production launch in 2026. Li...

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