APF anticipates a decrease in turnover of approximately 5% in FY2025 compared to the previous forecast. This is primarily due to the updated laying plan for all five barns. In addition, a decrease of around 15% in adjusted EBITDA (EBITDA cash) is expected, compared to the previous guidance.
This decline is mainly explained by increased administrative and operational expenses in FY2024, largely driven by higher payroll costs for both operational and administrative personnel. Given the rise in expenses in 2024, it is assumed that this cost level will continue going forward. Accordingly, the expense forecasts for 2025 have been updated.
| 2025 | Difference | |
| Turnover (K EUR) | 21 110 | -5% |
| EBITDA cash (K EUR) | 5 980 | -15% |
APF continues to implement its sustainable growth strategy, focusing on improving production efficiency, increasing the added value of its products, and expanding into new export markets. The company will keep investors informed of key developments and updated forecasts in line with changes in market conditions and operational performance.
About APF Holdings:
APF Holdings (NASDAQ: EGG) is a dynamic group of companies engaged in poultry farming, chicken egg production and trading, as well as gas and organic fertilizer production related to poultry farming processes. Our portfolio includes SIA Alūksnes putnu ferma (poultry farming and egg production), SIA APF Trading (wholesale trade in chicken eggs), SIA Oluksne (providing poultry farming and egg production services), SIA APF Energy (gas and organic fertilizer production), and SIA Preiļu putni (poultry farming and young chicken rearing). Founded in 2017, APF Holdings has become a leading player in the Baltic region's poultry and egg industry.