Winfarm's Global Reach and Niche Focus Fuel Impressive 2025 Growth

Loudéac, France – January 29, 2026 – Winfarm, the French agricultural solutions provider, today announced robust financial results for 2025, cementing its position as a resilient and strategically adept player in a complex global market. The company posted full-year revenues of €146.2 million, a significant 6.1% increase over 2024. This performance was capped by a powerful fourth quarter, which saw revenues climb 9.2% to €35.7 million, marking the firm's seventh consecutive quarter of growth.

The results underscore the success of Winfarm's multifaceted strategy, which combines deep specialization in high-value domestic markets with aggressive and targeted international expansion. This dual approach has enabled the company to not only sustain its growth trajectory but also to significantly outpace general trends across the European agricultural sector.

A Two-Pronged Growth Engine

Winfarm's strong performance is rooted in the solid results of its core Farming Supplies division, which accounts for 86% of total revenue. The division grew by 4.4% to reach €126.9 million for the year. This steady growth was driven by the strong market reception of its proprietary brands, particularly in animal health. The VITAL brand, representing 60% of the division's sales, saw a 4.5% increase, demonstrating the effectiveness of commercial measures designed to energize its historic business line. This performance highlights a continued demand for high-quality animal nutrition and hygiene products among farmers.

Simultaneously, the EQUIDEOS brand, serving the equine market, grew by an impressive 7.9%. This has solidified its standing as a key national player in high-performance horse nutrition. The only soft spot in the division was the KABELIS landscape brand, which experienced a slight full-year decline of 2.4%, though a return to growth in the fourth quarter suggests a potential turnaround.

While the core business provided a stable foundation, the company's Agronutrition division, categorized under Farming Production, emerged as its most dynamic growth engine. The division's revenue surged by 19.2% over the full year, with an acceleration to a remarkable 36.4% growth in the fourth quarter. This explosive performance is largely credited to successful international ventures. Asia, in particular, has become a critical market, now accounting for nearly 40% of the division's revenue after posting 47.3% annual growth. The Middle East also delivered a strong performance, with revenue from the region expanding by over 20%.

This international success is mirrored in the performance of BTN de Haas, a Dutch subsidiary acquired in 2021. The subsidiary reported powerful growth of 15% for the full year, driven by its expansion into the Belgian market and a robust performance from its web channel.

Digital Strategy Outpaces the Broader Market

Winfarm's identity as a leading player in distance-selling is central to its success. By leveraging a comprehensive digital catalog of over 35,000 products, the company has effectively captured a significant share of the market in France, Belgium, and the Netherlands. This digital-first model appears to be a key differentiator, allowing it to outperform the broader French agribusiness sector, which is projected to grow at a more modest annual rate of around 2.8%.

In fact, Winfarm's growth trajectory aligns more closely with the rapidly expanding French Agri-Tech market, which is forecast to grow by over 16% annually. This suggests the company is successfully capitalizing on the agricultural industry's digital transformation. In a fragmented French market where nearly 98% of agri-food companies are small to medium-sized enterprises (SMEs), Winfarm's scale, extensive own-brand portfolio, and efficient e-commerce platform provide a distinct competitive advantage, enabling it to serve over 45,000 customers with specialized solutions.

Cultivating New Ventures and Long-Term Value

Beyond its core agricultural supply business, Winfarm is strategically diversifying and investing in future value creation. Its consumer-facing brand, "Au Pré!", continues to gain traction. The product line is now available in over 100 stores across major French retail chains, including Leclerc, Intermarché, and Système U. The company also reports signing new contracts with established players in the catering industry, signaling a successful push into new commercial channels. This expansion follows significant investments in the brand's development in 2024, which are now beginning to yield tangible returns.

In another strategic move, Winfarm has refocused its Farming Advisory division. While this has resulted in a temporary dip in revenue for the segment, the company frames it as a deliberate shift towards providing high-value training activities for farmers. This aligns with national priorities in France that encourage farmer support services focused on digital transformation and agro-ecological transition. By investing in farmer education, Winfarm is not only building stronger customer relationships but is also positioning itself as a key partner in the evolution towards next-generation agriculture.

Balancing Growth with Financial Prudence

Alongside its impressive top-line growth, Winfarm has maintained a strong focus on improving its financial health and ensuring long-term stability. The company confirmed it is on track to meet its target of an improved EBITDA in 2025, a significant turnaround from 2024 when profitability was impacted by strategic investments in the "Au Pré!" brand.

Furthermore, Winfarm is actively pursuing a deleveraging strategy through a disciplined approach to costs, investments, and working capital management. This commitment is already bearing fruit, with financial debt showing a notable decrease in the preceding year. This focus on fiscal responsibility reassures stakeholders that the company's rapid expansion is being managed sustainably. By pairing ambitious growth initiatives with rigorous financial discipline, Winfarm is building a foundation for continued success in the evolving global agricultural landscape.