Annual Report Agrico 2024/2025
Agrico’s turnover hits record high of €537 million
Agrico achieved a record turnover of €537 million in the 2024/2025 financial year. This strong performance was mainly driven by a combination of high sales prices and a large volume of seed-size potatoes, resulting from fine grading and smaller tuber sizes. The figures were announced by Agrico CFO Henk Feijen during the Central Members’ Meeting held in 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.
'Growth is not the goal'
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.”
Agrico sees that seed potato production in the Netherlands is approaching a maximum. This requires further expansion of the seed potato acreage, which will primarily be realized abroad. We have started cultivation in Denmark and Germany and aim to grow to 1,000 hectares of seed potato production in these countries within a few years. Agrico established a German subsidiary for this purpose in the spring of 2025. There are also ambitions to expand the acreage in France by over 1,000 hectares in the coming years. Further afield, in countries such as Kenya, Tanzania, Australia, India, China, and South Africa, Agrico is working with local partners and local crops to achieve further growth.
Potato market 2025/2026
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 fries 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.”
