AS APF Holdings (EGG) Earnings Call Transcripts

AS APF Holdings's Latest Earnings Call - March 30, 2026

In the fiscal year 2025, Agrova Baltics reported a remarkable 92% increase in revenue, reaching approximately EUR 18.4 million, alongside a staggering 257% rise in EBITDA to EUR 9.2 million. The company achieved a net profit of EUR 5.1 million, marking a significant turnaround from previous losses. Management indicated that they are entering a new investment phase with a budget of EUR 30 million aimed at expanding production capacity to meet rising demand, particularly for cage-free eggs, and signaled a commitment to transitioning to 100% cage-free production by 2028.

Reported metrics

Guidance from management

Agrova Baltics plans to invest EUR 30 million in the next phase of expansion, expected to be completed in 2026, with a focus on increasing production capacity to meet rising demand for cage-free eggs.

What management said

Yes, there was some increase in feed prices in the first half of the year and during the summer months, but after the harvest period in September, prices remain on the previous level. So we noticed our increase in feed prices was mainly driven by the higher consumption of feed due to increase on the production capacity. Regarding gross margin, this time, we do not make any forward-looking statements. So you may und...

The current capacities are fully staffed. So as I said, all of the commissioned buildings are working at full capacity now. So the next wave of recruitment will happen as we'll commission the new three barns.

What analysts pressed on

Analysts expressed concerns about potential geopolitical risks affecting operational costs and market dynamics. There were also questions regarding the company's ability to balance export growth with domestic market stability amid increasing competition from imports.

Main topics on the call

• Record Revenue and EBITDA Growth — Agrova Baltics achieved a 92% increase in revenue and a 257% increase in EBITDA, reaching EUR 18.4 million and EUR 9.2 million respectively. Management stated, "This was historically the best ever year for Agrova Baltics...
• Successful Expansion Projects — The completion of major expansion projects, including three new barns and a liquid egg processing plant, contributed significantly to production capacity, which increased by over 50%. Management noted, "The volume of egg...
• Strategic Shift to Cage-Free Production — Agrova plans to transition to 100% cage-free egg production by 2028, positioning itself as a leader in the Baltics. Jurijs Adamovics emphasized, "Agrova Baltics is very uniquely positioned because already today, we are #...
• Market Expansion and New Product Lines — The company is expanding its product offerings with new SKUs and a focus on health and sports nutrition products. Management highlighted the success of their Family Pack and new protein products, stating, "This business ...

Read the full AS APF Holdings transcript (March 30, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 2 AS APF Holdings earnings call transcripts on record, spanning March 31, 2025 to March 30, 2026. The most recent call on file is dated March 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

EGG

Exchange

RISE

Country

LV

Sector

Consumer Staples

Industry

Food Products

Calls on record

2

First call

March 31, 2025

Most recent

March 30, 2026