Agricultural supplies distributor Winfarm's Q3 revenue rises on Asia growth

Overview

• France agricultural supplier's Q3 2026 revenue rose 2.6% yr/yr to €36.9 mln

• Farming Production revenue up 20.2%, driven by strong sales in Asia

• Company confirms 2026 revenue growth and EBITDA improvement targets

Outlook

• Winfarm confirms 2026 targets for revenue growth and EBITDA improvement

• Company notes farming environment remains uncertain for the remainder of 2026

Result Drivers

• FARMING SUPPLIES RESILIENCE - Co said stable sales in Farming Supplies reflected resilience despite summer heatwaves and droughts

• ASIA SALES BOOST - Strong sales growth in Asia drove Farming Production revenue up 20.2% in Q3

• FAVOURABLE SALES MIX - Co said complementary product ranges helped maintain a favourable sales mix amid variations in demand

Company press release:

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "strong buy"

• The average consensus recommendation for the fishing & farming peer group is "buy."

• Wall Street's median 12-month price target for Winfarm SA is €8.00, about 105.1% above its November 4 closing price of €3.90

• The stock recently traded at 15 times the next 12-month earnings vs. a P/E of 18 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)