Agra records strongest financial year in its 45-year history

Agra Limited has announced the most successful financial results in its 45-year history, marking 2025 as a record-breaking year for the Namibian agricultural services group. The company reported a 5.5% rise in total revenue to N$2.81 billion, while operating profit surged 43.7% to N$155.4 million and profit after tax climbed 56.7% to N$115.1 million for the year ended 31 July 2025.In a statement accompanying its audited consolidated results, Agra said the performance reflected improved margins, disciplined cost control and strategic expansion across its business divisions. “This milestone is not merely a reflection of financial performance, but of the enduring partnerships we’ve built with Namibian farmers, entrepreneurs, and communities,” the group said.Agra’s gross profit increased by 9.2% to N$556.3 million, while net asset value per share rose from N$6.86 to N$7.86, underscoring the company’s strengthened balance sheet and shareholder value. The company’s share price gained 4.9% to N$3.85 by the end of July, delivering a total return of 11%, including dividends.To reward shareholders, Agra declared a final dividend of 22.5 cents per share, up from 13.5 cents last year. The dividend will be paid on 23 December 2025, with the record date set for 12 December.Expanding footprintDespite a year marked by drought conditions and livestock disease outbreaks, Agra expanded its footprint with new developments in Maltahöhe, Omaruru and Windhoek. The retail and wholesale divisions launched new product lines to improve accessibility and convenience for clients.The company also increased its community and staff investment, allocating N$3.1 million to agricultural sponsorships, training, and corporate social initiatives, while N$2.4 million was directed towards staff development, benefiting over half of its workforce.Agra’s board credited the group’s “trust, resilience and shared vision for a thriving agricultural future” as the foundation for the record year.“Agra’s success is ultimately our shareholders’ success. We take pride in the steady growth of our share price and in our consistent record of early dividend payouts since 2017. What makes this even more meaningful is that the majority of these returns go directly back to Namibian farmers, reinforcing the cycle of growth between Agra and the very people who form the backbone of our business,” said Ryno van der Merwe, Agra’s chairman of the board.Arnold Klein, Agra CEO, said in the annual report: “Through effective and prudent financial management, strong focus and control over working capital and cash flow, effective debt and risk management, and significant old debt recoveries, Agra has built a solid foundation to weather the storms.”Looking ahead, the company said it will continue focusing on sustainable growth and financial discipline amid challenges such as climate variability, high interest rates, and disease risks in the livestock sector.The full audited results are available on the Agra website and through the Namibia Stock Exchange (NSX) portal.

Agra records strongest financial year in its 45-year history

Kommentaar

Republikein 2025-10-31

Meld asseblief aan om kommentaar te lewer

Agra records strongest financial year in its 45-year history

Kommentaar

Republikein 2025-10-31

Meld asseblief aan om kommentaar te lewer

Intekening vereis om toegang tot inhoud te kry. ×

MELD AAN

Advertensie

Intekening vereis om toegang tot inhoud te kry.