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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
ForFarmers
ForFarmers (FFARM) investor relations material
ForFarmers Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary5 Nov, 2026
Executive summary
Q3 total volume rose 1.4% YoY (+0.7% like-for-like); compound feed volume increased 2.3% (+1.3% like-for-like).
9M underlying EBIT increased 29.8% to €79.8m and underlying EBITDA rose 21.7% to €121.5m; Q3 profitability was pressured by higher costs.
Financial highlights
Q3 turnover rose 1.6% to €815.0m (+0.3% like-for-like); gross profit increased 3.6% to €159.6m.
Q3 underlying operating expenses increased 6.8% to €137.9m, mainly due to higher fuel, energy and transportation costs.
Q3 underlying EBIT declined 11.7% to €22.7m and underlying EBITDA fell 5.4% to €36.9m.
9M turnover rose 0.8% to €2,392.1m; gross profit increased 9.4% to €486.9m and underlying operating expenses rose 6.2% to €409.5m.
Underlying figures exclude incidental items and amortisation of intangible assets acquired in the past.
Outlook and guidance
STW SA acquisition is subject to Polish competition authority approval and expected to complete in early 2027; a second KPS Food Group joint venture is expected to be finalised in coming months.
Capital Markets Day on 24 November 2026 will provide an update on strategy and financial objectives, and further detail on the KPS Food Group joint venture.
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Latest events from ForFarmers
- Underlying profit up 60% year-over-year, with strong gains in core European markets.FFARM
H1 2026 (Media) - Underlying profit attributable to shareholders surged 59.4% YoY, driven by volume growth and strategic expansion.FFARMH1 2026
- Strong Q1 2026 growth in volume and profitability, with robust outlook amid market challenges.FFARMQ1 2026 TU
- Record year: 52.5% net profit growth, 18% volume increase, and strong regional expansion.FFARMH2 2025 (Media)
- Record profit, 52.5% net profit growth, and major joint ventures mark a standout year.FFARMH2 2025
- Q3 2025 saw robust volume and profit growth, fueled by acquisitions and market expansion.FFARMQ3 2025 TU
- Strong volume, profit, and cash flow growth, with margin and sustainability gains.FFARMH1 2025
- Profitability surged in H1 2024, driven by acquisitions and cost control despite lower revenue.FFARMH1 2024
- Profit and volume surged, ROACE hit 13%, and the dividend was raised amid strong acquisitions.FFARMH2 2024
Next ForFarmers earnings date
CMD 202624 Nov, 2026
ForFarmers
Next ForFarmers earnings date
CMD 202624 Nov, 2026
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Frequently asked questions
ForFarmers N.V. is an international company specializing in comprehensive feed solutions for the organic and conventional livestock farming industry. With a clear mission "For the Future of Farming," ForFarmers is dedicated to promoting sustainable agriculture and enhancing the continuity of farming practices through innovative feed products and expert advice. The company is headquartered in Lochem, Netherlands, and its shares are listed on Euronext Amsterdam.