Agricover reports higher profits and stronger market share in agricultural financing in H1 2025

· Gross value of loans and advances granted: RON 3.84 billion, +14.3% YoY

· Market share in agricultural financing: 7.8% of total financing in Romanian agriculture

· Non-performing loan ratio: 3.2%, below market average

· Input distribution segment remains profitable, with revenues of RON 0.85 billion, up +5.1% YoY
 

The years 2023–2024 were challenging for the local agricultural sector, and while 2025 brought above-average yields, crop selling prices remained relatively low. As a result, farmers’ incomes are still under pressure, amplifying an already chronic liquidity issue. Meanwhile, the impact of climate change has become more pronounced: drought now affects two to three out of every five years vs. one in five previously, particularly spring crops, driving a shift in crop structure from corn to wheat, barley, and rapeseed.

“Agriculture is facing a paradox: higher yields, but lower revenues and limited liquidity. In this context, Agricover expanded its loan portfolio to RON 3.84 billion, reaching a 7.8% market share in Romanian agricultural financing, and restored profitability in the input distribution segment, with revenues of RON 0.85 billion. These results confirm the strength of our integrated model, which combines capital, inputs, and digital financing solutions, enabling farmers to continue producing sustainably and competitively,” said Liviu Dobre, CEO of Agricover Holding SA.

Financing segment: Working capital and investment as drivers of agricultural growth

• Gross value of loans and advances granted: RON 3.84 billion, +14.3% YoY
• Market share: 7.8% of agricultural financing in Romania
• Non-performing loan ratio: 3.2%, below market average
• Profit before tax in financing: RON 61.5 million (+2.2% YoY)

In a market where bank lending has stagnated, Agricover expanded its portfolio through larger exposures per client (+16.7% YoY), positioning itself as a key liquidity provider for farmers. Credit solutions were tailored to agricultural cycles and urgent working capital needs, reinforcing the company’s strategy of keeping agriculture moving by supporting farmers’ production activities.

Agricultural input distribution segment: Profitability through adaptation

• Total revenues: RON 0.85 billion, +5.1% YoY
• Operating profit: RON 16.8 million (vs. a RON 4.3 million loss in H1 2024)
• Strong revenue growth in core categories: crop nutrition products (+21.7%) and crop protection products (+12.6%)

After a challenging 2024, the input distribution segment returned to profitability thanks to a flexible distribution model that allows Agricover to offer farmers competitive prices, alongside more stable demand. The portfolio was reshaped to provide essential inputs at affordable prices, helping farmers sustain productivity even with tighter budgets.

Solid financial position of Agricover Group

Total assets rose to RON 4.98 billion (+25% vs. December 2024), while equity reached RON 782 million. A diversified funding structure (local banks, international institutions, and bonds) provided both stability and flexibility, enabling the group to support farmers’ financing needs.

Outlooks

Agricover aims to continue its steady growth and remain a reference lender for Romanian agriculture, supporting farmers through a combination of financing, agricultural inputs, and digital solutions tailored to the sector’s evolving realities.

“The future of agriculture will be shaped by climate and economic volatility, ongoing liquidity pressures, and the need to accelerate technological adoption. In this landscape, financing remains the cornerstone of the entire agricultural ecosystem. For the past 25 years, our role has been that of a catalyst, driving agriculture forward by providing farmers with the stability and resources they need to grow with confidence,” added Liviu Dobre, CEO of Agricover Holding SA.

About Agricover

Agricover is a leading player in Romanian agriculture, serving more than 10,000 farmers nationwide. With 25 years of experience and an entrepreneurial approach to business development, Agricover delivers innovative solutions that drive long-term transformation in farmers’ businesses and lives.

Agricover Holding includes:

• Agricover Credit IFN, one of the largest non-banking financial institutions in Romania, specialized in financing farmers’ operations and investments.
• Agricover Distribution and Agricover Commodities, specialized in the distribution of agricultural inputs – crop protection and nutrition products, certified seeds, and fuels.