Market News


H1 2021 report

Release Date: 8/27/2021 6:00:19 PM

IRIS Code: 74647

Highlights of the First Semester of 2021


One of the strategic objectives of the Group is to consolidate its position as a leader in the agriculture technologies distribution market and, through its products and services, to have a significant positive contribution to the productivity of its customers.

Among others, this is achieved through an increase in the number of customers (13% increase in Agricover SA customers in the six months period ended 30 June 2021 as compared to the six months period ended 30 June 2020) as well as through vertical growth (16% increase of the six months Agricover SA turnover with existing customers – i.e. those served during both 2020 and 2021).

These factors led to a 27% growth in trade revenue for the six months period ended 30 June 2021 as compared to the same period of the previous year.

Basic and diluted earning per share for the six months period ended 30 June 2021 are higher by 30% as compared to the earning of share for the six months period ended 30 June 2020.

The Directors’ Report and the Independent Auditors’ Report on Review of Condensed Consolidated Interim Financial Statements are available, together with the Agricover Group’s condensed consolidated interim Financial Statements as at and for the six month period ended 30 June 2021 prepared in accordance with International Accounting Standard 34 “Interim Financial Reporting” (as adopted by the EU), on the website, Investors Relationship section. The documents can also be viewed by accessing the files attached.


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