Tonkens Agrar AG reports lower revenue and profit for fiscal 2025/2026
Key Facts
The figures come from preliminary results reported by the company in a disclosure distributed via EQS. They cover the fiscal year from July 1, 2025, to June 30, 2026. The loss before taxes widened compared with the result recorded in the previous fiscal year. The company said performance was affected by lower producer prices for milk, a sharp decline in bulk potato sales, and higher operating supply and personnel costs.
Revenue pressure was most evident in the bulk potato business, where the company said sales of the product fell sharply. By contrast, sales of peeled products increased through Börde Vita GmbH. The divergence shows differing performance across the group’s potato sales channels during the fiscal year. But growth in peeled-product sales did not prevent overall revenue from falling below both the prior-year level and plan. The disclosure did not specify the increase in peeled-product sales or the scale of the decline in bulk potato sales.
The company cited lower producer prices for milk as another factor weighing on results. The impact of prices combined with weak bulk potato sales and higher operating supply and personnel costs, deepening the effect of weaker activity on the pre-tax result. Tonkens had warned in an earlier disclosure that its fiscal-year outlook was no longer achievable. In that disclosure, it said uncertainty around sales and costs prevented it from issuing a reliable new forecast. The development followed the company’s withdrawal of its forecast for the fiscal year running from July 1, 2025, to June 30, 2026.
In its half-year report, Tonkens linked the abundant potato harvest in 2025 to price pressure, saying potato prices in the European Union fell 22% from the previous year. The decline provides context for the price pressure facing the potato business, while the company reported that bulk potato sales fell sharply. The figures remain preliminary pending publication of the annual financial statements.
The company’s financial calendar had previously said its consolidated and annual financial statements for fiscal 2025/2026 were scheduled for November 2026, with the annual report due in December 2026. Publication of the statements and report will provide a subsequent annual presentation of the preliminary results. On March 13, 2026, the company published a disclosure saying its fiscal-year outlook was no longer achievable, citing lower potato prices and higher costs. The preliminary results further clarify the impact of those factors on group revenue and the pre-tax result.