WINFARM Reports Strong Revenue Growth in First Half of 2026
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WINFARM, the leading French player in consulting, services, and distance-selling of products and solutions for the agricultural and livestock industry, reported strong revenue growth in the first half of 2026, marking a significant acceleration in the second quarter.
For the first half of 2026, the company generated a revenue of €76.3 million, a 2.4% increase from the same period in 2025. This growth was driven by a 1.5% rise in the Farming Supplies division, which accounts for 87% of the Group’s total revenue. Sales from VITAL CONCEPT, the Group’s own-brand products in the nutrition, hygiene, seeds, and livestock equipment segments, saw a 2.4% increase. EQUIDEOS-branded products, which specialize in feed and equipment for horses and riders, particularly their nutrition products, also performed strongly. The Landscape segment, through the KABELIS brand, saw a 3.6% growth, contributing to the overall momentum.
In the second quarter of 2026, WINFARM experienced a significant rebound in revenue from the Farming Production division, up 27.3% compared to the same period in 2025. This division, marketed under the Alphatech brand, recorded a €9.0 million revenue for the first half of the year, reflecting an 8.8% increase from 2025. The performance was notably driven by international expansion, particularly in Asia, where revenue surged by 55%, especially from the Singapore subsidiary. Bangladesh and the Philippines witnessed particularly strong growth, with increases of 77% and 76%, respectively. In Europe, the division saw a 12% increase, and North America experienced a 5% growth, offsetting the decline in the Middle East due to the geopolitical environment.
Other activities, including Farming Advisory (under the Agritech brand) and Farming Innovation (operated through the Bel Orient pilot farm), contributed to the overall revenue with an 8.0% increase. This growth was supported by the development of the Au Pré! brand, a locally rooted dairy product brand, and its successful listing with new retail chains.
For the remainder of 2026, WINFARM is optimistic about further improvements in gross margin and higher EBITDA. The company expects operating profit to be close to breakeven for the first half, marking a significant milestone in its recovery of operating profitability. Building on this improvement and positive sales momentum, the Group confirms its objective of delivering EBITDA growth for the full year, alongside continued deleveraging.