DalsnaFinance

FirstFarms adjusts the expectation for the year based on decreasing pig prices and drought in Slovakia and Hungary

Markets GlobeNewswire By GlobeNewswire 08 Jul 2026 18:17 1 min read
FirstFarms adjusts the expectation for the year based on decreasing pig prices and drought in Slovakia and Hungary

Based on the recent decrease in pig prices, and changed expectations for prices throughout the year, and drought in Slovakia and Hungary, which is expected to reduce the crop yields by 25 % compared to the expectations, FirstFarms adjusts downwards the previous announced expectations for 2026 by 45 mDKK to an EBITDA in the level of 15 – 65 mDKK and an EBIT of minus 55 – 5 mDKK.

Based on the recent decrease in pig prices, and changed expectations for prices throughout the year, and drought in Slovakia and Hungary, which is expected to reduce the crop yields by 25 % compared to the expectations, FirstFarms adjusts downwards the previous announced expectations for 2026 by 45 mDKK to an EBITDA in the level of 15 – 65 mDKK and an EBIT of minus 55 – 5 mDKK.

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