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Better first half of 2025 for Ausnutria and Farmel
Dairy company Ausnutria reported both higher revenues and higher profits in the first half of 2025. Compared to the same period in 2024, revenues rose by 5,6%. Net profit improved more significantly, rising by 24,1%. Subsidiary Farmel also performed better.
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Ausnutria reports this in a half-year report from Hong Kong.
Ausnutria is quite brief about the latter company, but it does report that Farmel posted a positive result of €2025 million in the first half of 0,5, compared to a negative result of €0,9 million in the first half of 2024. In the 2024 annual report Ausnutria reported that its stake in Farmel Holding resulted in a loss of €2,68 million for the whole of last year, compared to a loss of €2,27 million in 2023.
Ausnutria's total revenue for the first half of 2025, converted to euros, was €467,5 million, almost €25 million more than in the first half of 2024. Net profit rose from €17,5 million to €21,7 million.
Two-thirds of its sales are still generated in the People's Republic of China, while the EU accounts for 18,5%. Nevertheless, Ausnutria's share—both through the Kabrita brand and other activities—is growing in markets elsewhere in the world. According to Ausnutria, it has achieved a breakthrough in the US market thanks to an agreement with Amazon, among others. Sales to countries in the CIS (the former Soviet Union) are also increasing. In the People's Republic of China, however, it has lost some market share.
Chinese dairy giant Yili holds a controlling stake in Ausnutria. This has now risen to 60,2%. Yili has indicated that it now wants to acquire a larger stake in Ausnutria more quickly. To this end, an existing agreement is being reopened and expanded. Yili's new concrete objective has not been disclosed.