Rijk Zwaan invests heavily in seed processing capacity and R&D
Added on 31 October 2024
Highlights from 2023/2024
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The net sales increased by 6% to €627 million; this increase occurred in almost all active regions and across all crops. The company’s global market share is approximately 10%.
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The fruit and vegetable breeding company invested €143 million in new seed processing facilities as well as in research and product development.
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The net profit was €80 million (compared with €60 million in 2022/2023).
Ben Tax, one of the company’s directors, states: ″In the 2023/2024 financial year, Rijk Zwaan increased its sales by 6% to €627 million. This growth is spread across all the markets and crops in which our company is active. Thanks to the revenue growth and increase in net profit, we are able to continue investing in the future.″
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