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FirstFarms
FirstFarms (FFARMS) investor relations material
FirstFarms Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary27 May, 2026
Executive summary
EBITDA of -7 mDKK and EBIT of -23 mDKK for Q1 2026, in line with expectations and guidance.
Revenue declined to 73 mDKK from 102 mDKK year-over-year, mainly due to low milk and pig prices.
Focus remains on rebuilding the dairy herd, starting up new dairy facilities, and optimizing operations.
Financial highlights
EBITDA decreased by 19 mDKK compared to Q1 2025.
EBIT also fell by 19 mDKK year-over-year.
Revenue dropped by 29% compared to the same period last year.
Outlook and guidance
2026 EBITDA guidance maintained at 60-110 mDKK; EBIT expected between -10 and +40 mDKK.
Management expects continued challenges from low prices but is progressing as planned.
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Latest events from FirstFarms
- Earnings fell sharply in 2025 due to FMD, but land value gains and investments support future recovery.FFARMS
Q4 202525 Mar 2026 - Pre-tax loss driven by FMD and low prices; 2025 outlook maintained, recovery expected in 2026.FFARMSQ3 202526 Nov 2025
- H1 2025 profit dropped sharply due to FMD, but recovery and subsidy support improve 2025 outlook.FFARMSQ2 202527 Aug 2025
- EBITDA up, but profit down on weather and costs; growth strategy and investments on track.FFARMSQ3 202413 Jun 2025
- Revenue up 8% but 2024 guidance cut by 20 mDKK due to crop and cost pressures.FFARMSQ2 202413 Jun 2025
- 2024 results missed expectations, but FirstFarms advances growth and sustainability with major investments.FFARMSQ4 20249 Jun 2025
- FMD outbreak and weak pig prices drove a sharp Q1 profit drop and lower 2025 outlook.FFARMSQ1 20256 Jun 2025
Next FirstFarms earnings date
Q2 202626 Aug, 2026
FirstFarms
Next FirstFarms earnings date
Q2 202626 Aug, 2026
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