ForFarmers sets date for Amsterdam stock exchange listing
Dutch feed group, ForFarmers, said the listing and trading of its ordinary shares on Euronext Amsterdam is expected to start on 24 May under the symbol ‘FFARM’.
The manufacturer said is not going to offer or issue any new shares in connection with the move.
Rabobank and ABN AMRO have been advising the company on the transition since ForFarmers’ supervisory board approved the move last year.
In March, ForFarmers, which has production facilities in the Netherlands, Belgium, Germany and the UK, reported sales of around 9.1m tons of feed last year and a hike in revenue of 1% to €2.2bn.
Its operating profit, excluding incidental items, also increased by 8.1% to €64.4m, in 2015, while gross profit amounted to €424.2m, an increase of €30.5m.
