“(…) We plan to increase the number of hens in production from 250,000 to around 330,000, so that the monthly egg production should reach about 8 million starting 2025,” says Horia Cardos, founder and CEO of Agroland Business System.
Mihailesti poultry platform sold 15.4 million eggs in Q1/2024, up 60% from the year earlier period, while feed production reached 3,728 tons, 156% higher than in Q3/2023. At the same time, Agroland own stores registered a 18% increase in the number of clients, while the average bill value rose by 8% from Q1/2023.
Agroland Business System has been listed on the AeRO market of the Bucharest Stock Exchange since March 1, 2021.
Its shares have added 12.3% this year and 8.96% in the past 12 months, amid a RON114 million market share.
(English version by Catalina Apostoiu)