Auga Group (AUG1L) Q2 2025 earnings summary

Executive summary

• Revenue for H1 2025 was €30.77m, down 11% year-over-year, mainly due to lower crop segment sales; dairy segment revenue increased on higher milk prices and yields.

• Gross profit fell to €2.82m from €3.45m, while net loss narrowed to €4.30m from €6.87m year-over-year.

• EBITDA improved 3% to €6.60m, reflecting operational cost optimization and restructuring efforts.

• The Group is undergoing significant restructuring, including asset sales, fund creation, and creditor settlements, to address solvency and liquidity challenges.

Financial highlights

• Revenue: €30.77m (H1 2025), -11% year-over-year.

• Gross profit: €2.82m, -18% year-over-year; gross margin 9%.

• Net loss: €4.30m, improved from €6.87m loss in H1 2024.

• EBITDA: €6.60m (+3% year-over-year); EBITDA margin 21%.

• Cash and cash equivalents at period end: €0.67m.

Outlook and guidance

• Restructuring plan aims to restore long-term solvency, with asset sales and fund creation expected to raise over €25m in annual revenues and €7.6m EBITDA.

• Dairy herd expansion and operational optimization are expected to support future growth.