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ForFarmers NV (XAMS:FFARM) Gross Profit : €477 Mil (TTM As of Dec. 2023)


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What is ForFarmers NV Gross Profit?

ForFarmers NV's gross profit for the six months ended in Dec. 2023 was €243 Mil. ForFarmers NV's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €477 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. ForFarmers NV's gross profit for the six months ended in Dec. 2023 was €243 Mil. ForFarmers NV's Revenue for the six months ended in Dec. 2023 was €1,368 Mil. Therefore, ForFarmers NV's Gross Margin % for the quarter that ended in Dec. 2023 was 17.72%.

ForFarmers NV had a gross margin of 17.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 11 years, the highest Gross Margin % of ForFarmers NV was 19.32%. The lowest was 14.93%. And the median was 18.16%.

Warning Sign:

ForFarmers NV gross margin has been in long-term decline. The average rate of decline per year is -3.8%.


ForFarmers NV Gross Profit Historical Data

The historical data trend for ForFarmers NV's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

ForFarmers NV Gross Profit Chart

ForFarmers NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 440.66 433.18 436.30 494.80 477.30

ForFarmers NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 218.84 257.30 237.50 234.80 242.50

Competitive Comparison of ForFarmers NV's Gross Profit

For the Packaged Foods subindustry, ForFarmers NV's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ForFarmers NV's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, ForFarmers NV's Gross Profit distribution charts can be found below:

* The bar in red indicates where ForFarmers NV's Gross Profit falls into.



ForFarmers NV Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

ForFarmers NV's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=2974.7 - 2497.4
=477

ForFarmers NV's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1368.2 - 1125.7
=243

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €477 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

ForFarmers NV's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=243 / 1368.2
=17.72 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


ForFarmers NV  (XAMS:FFARM) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

ForFarmers NV had a gross margin of 17.72% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


ForFarmers NV Gross Profit Related Terms

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ForFarmers NV (XAMS:FFARM) Business Description

Traded in Other Exchanges
Address
Kwinkweerd 12, Lochem, NLD, 7241 CW
ForFarmers NV is a feed company, active in North-West Europe. Its business operations comprise sourcing of ingredients, production, and sale of feed products, the sale of crop products, and associated outbound logistics. It also offers complementary services including advice on animal nutrition and livestock farming and assistance with farm management and business development. The company has Ruminant, Swine, Poultry and Horse, Goat, and Sheep segments. It operates in the Netherlands, Germany, Belgium, Poland, and the United Kingdom.

ForFarmers NV (XAMS:FFARM) Headlines

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