The poultry platform in Mihailesti produced 15.4 million eggs in the fourth quarter of 2024, which translates into a 3% increase compared to the same period of 2023.
Feed production amounted to 4,905 tons in the fourth quarter of 2024, up 6% compared to the third quarter of 2024, and up 78% compared to the fourth quarter of 2023.
In the fourth quarter of 2024, across its 84 own stores, including 69 traditional stores and 15 MEGA stores, Agroland recorded a 24% increase in the number of customers compared to the fourth quarter of 2023, reaching some 235 thousand people. Also, the average value of the bill grew by 4% in the fourth quarter of 2024, reaching RON61. For the full year 2024, the number of customers reached 1.4 million, a 17% increase compared to the previous year, while the average value of the bill was RON79, up 3%. The company expects franchised stores to achieve comparable results, considering the goods purchased in the fourth quarter of 2024.
Agroland ended the first nine months of 2024 with consolidated operating income of RON264.4 million, up 6% year-over-year, and net profit of RON5.8 million, up 17% year-over-year. The company is 68.3%-owned by Horia Cardos and is valued at RON99 million. AG shares have traded 9.6% lower over the last 12 months, amid deals worth RON20.2 million, in line with stock market data.