One percent Member Dividend

Agrifirm has refined its strategy in recent years by deciding to increase its focus on the growth of core activities in animal feeds, and in the arable farming and horticulture sectors. The implementation of this strategy is progressing successfully and has produced a significant improvement in the result. Agrifirm has set the 2015 Member Dividend at 1.00 percent on the basis of the company's higher operating results and its financial position.

This is over 50% more than the Member Dividend rate set in 2014. Based on current price levels, Agrifirm expects to pay over € 12 million in Member Dividend to its members.

Announcement of Retirement

At the same time that the company announced the increased Member Dividend, Ton Loman, Chairman of Agrifirm's Executive Board, announced his retirement effective in the second half of 2016. “After working for a period of over 31 years at Agrifirm (and its legal predecessors), the coming year the time is right to transfer the leadership of the company. Agrifirm is a strong organization with a focus on core activities that consequently provides its members with a great deal of added value. And this is what it is all about,” says Ton Loman. The Supervisory Board has already initiated the process of recruiting a new Chairman of the Executive Board.