The falling grain prices in the last quarter of 2022 resulted in a negative EBITDA of BGN 1.9M, compared to a positive one of BGN 9.8M a year ago, after OPEX for the period was higher than revenues (BGN 226M versus BGN 224M respectively).
Bulgarian grain producer and trader, Agria Group Holding (AGH) has witnessed an impressive growth on its top and bottom lines on increasing grain prices and the abundant harvest in Northeastern Bulgaria.
Agria Group Holding (A72 BU) is a vertically integrated holding with a closed production cycle in grain production, processing and trading. The holding is among the largest farming groups, grain traders and land owners in Bulgaria.
The leading index on the Bulgarian Stock Exchange, SOFIX, recorded first annual decline since the euro crisis in 2011 with – 11.8% in 2015.
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