Agrico’s turnover hits record high of €537 million
Agrico’s turnover hits record high of €537 million
Agrico achieved a record turnover of €537 million in the 2024/2025 financial year. This record turnover is mainly due to the combination of high sales prices and a large volume in the seed potato size. The figures were announced by Agrico CFO Henk Feijen during the Central Members’ Meeting held on Monday, 15 December.
“We have had a fantastic year,” said Feijen, summarizing the 2024/2025 financial year. Agrico paid its members an average price of €59.84 per 100 kg for potatoes of 28 mm and above, including oversize potatoes, from the 2024 harvest. This means Agrico’s payout price was once again higher than in the previous season. “Overall, the year clearly demonstrated the benefits of working together.”
Despite moderate yields in organic potato cultivation due to the high prevalence of late blight, BioSelect performed well. Agrico’s global subsidiaries also achieved very strong turnover in the 2024/2025 financial year. “They have made a major contribution to the Dutch pool,” says Agrico CEO Mark Zuidhof.
“Focusing on what matters”
Agrico continues to grow, but as Mark emphasizes in the annual report for the 2024/2025 financial year, growth itself is not the goal. “When it comes to volumes, it is important that we continue to follow the market with our acreage.” Agrico aims to grow through focus. “Our focus is on what matters and letting go of what underperforms. This is clearly reflected in our renewed 2030 strategy.”
In the years ahead, Agrico will critically review its variety portfolio. “We will focus on the varieties, markets, and activities that deliver the highest returns for our members and buyers. Focus also means choosing not to pursue certain activities.”
Stronger by nature
In addition, under the ‘Stronger by Nature’ label, Agrico will continue investing in naturally stronger varieties. Varieties that respond to developments such as the effects of climate change and changing legislation; challenges faced by both growers and buyers. Through natural breeding, Agrico develops varieties with strong resistance, low input needs, and high outputs. Mark: “Our portfolio provides certainty where it matters most: yield, quality, and income. Demand for these robust varieties is increasing across the board and Agrico’s variety portfolio aligns well with these needs.”
New construction at Agrico Research
To continue meeting this demand, Agrico is investing in the expansion of its breeding company, Agrico Research. The new facilities will enable Agrico to conduct more extensive marker research and take a more targeted approach to introducing characteristics into seedlings, such as disease resistance and quality traits. This will allow Agrico to bring new varieties to the market faster, including varieties with multiple natural resistances to the fungal disease late blight.
In the current 2025/2026 financial year, the potato market has slowed considerably. This is partly due to American import tariffs and the fact that French fry prices in Europe have risen more sharply in recent years than in other parts of the world. “This means we are now facing a challenging year on all fronts,” says Mark. “But even in this demanding year, Agrico remains committed to a solid future, thanks to our engaged members, strong organization, and high-quality produce.”
