FirstFarms

Earnings Release • Feb 4, 2025

FirstFarms A/S adjusts upwards the expectation to the year’s result

FirstFarms A/S adjusts upwards the expectation to the year’s result

As a result of several isolated operational positive events towards the end of the year, FirstFarms A/S adjusts upwards its expectations for the year's result.

The previously announced expectation of EBITDA and EBIT is adjusted upwards with 10 mDKK to an EBITDA in the level of 100-110 mDKK and an EBIT of 40-50 mDKK.

	Announced expectations for 2024 mDKK	EBITDA	EBIT
	4 February 2025 (company announcement no. 1) 27 November 2024 (company announcement no. 13) 28 August 2024 (company announcement no. 10) 21 March 2024 (company announcement no. 5)	100-110 90-100 90-120 110-140	40-50 30-40 30-60 50-80

Best regards,

FirstFarms A/S

For further information:

Please visit our website www.firstfarms.com or contact CEO Anders H. Nørgaard on telephone +45 75 86 87 87.

About FirstFarms:

FirstFarms is a Danish stock exchange listed company. We operate FirstFarms with responsibility for the surrounding communities, and we deliver highest quality which is primarily sold locally. We act on new opportunities, that create value for our investors and for the surroundings. Every day, we work on creating a more sustainable company.

Attachment

• (1) FirstFarms adjusts upwards the expectations to 2024