AgroGeneration: Half-year results and operational challenges in 2026

AgroGeneration, a leading cereal producer in Ukraine, has released its results for the first half of 2026. Revenue reached €10 million, boosted by the sale of 2025 stock, contributing to a gross margin of €1.4 million. Yields improved thanks to favorable weather conditions.

However, the intensification of hostilities and export restrictions led to a sharp decline in prices, impacting the fair value of biological assets. Net income remained negative at -€1 million despite positive EBITDA of €2.1 million.

The 2026 harvest continues, with the remaining corn to be harvested. A storage strategy is being considered until prices improve. The 2027 winter planting campaign is almost complete, with the sown area reduced to 6,500 hectares compared to 9,100 hectares the previous year.