Nie ma co sie spodziewać 400kt przed końcem 2028.

Capex na 2026 to mniej niż 50m eur. Z czego 18m eur na SPC.

Nadal trwają negocjacje przejęcia 2 spółek.

Proszę nie pytać o dywidende, jest wojna ciężkie czasy, ale na capex 99m eur jest kasa :)

Jakie spotkanie?

Omówienie wyników + qa jak co kwartał.

SPC może i bedzie dzialac w q4, ale efektów należy sie spodziewać w q1 27.

Wszystkie instytucje udzielające zagrożonych kredytow zostały poinformowane i zarzad zakłada, ze sie dogadają. Nie chcieli komentować czy sytuacja po q1 jest lepsza czy gorsza względem początku roku.

Było jeszcze kilka pytań, skupiłem sie na tym co mnie interesuje

W RI dwa tygodnie temu napisali tak:

Oilseed Processing Facility (Crushing Plant)

Current stage of development – our current focus on launching the SPC plant this year so the second project is still at the technical design phase

Expected timeline for completion and commissioning - Due to the war-time conditions we do not committee to a specific timeline but generally such projects take 2-3 years

Planned processing capacity and anticipated ramp-up period - 400kt of soybeans and rapeseeds




Soy Protein Concentrate (SPC) Project

Current construction status – in the final stages for production starting in 2H26

Expected launch date and timeline to reach full capacity – in the first year half of the current meal output to be converted into SPC, in the second year the plant should switch to converting all meal into SPC. Soybean oil volumes will stay as they are

Target markets and expected contribution to reven ues and profitability – acquafish feed market in Nothern Europe, we expect an uplift in the Gross and EBITDA margin when the soybean meal is processed into SPC which is a higher value added product




Other Reported or Planned Investments – we look at land lease assets on a regular basis but these are not major investments (within 5% annual land lease churn)

Any additional projects under development or consideration – none of material nature

Expected CAPEX pipeline over the next 2–5 years – we do not have any material investments planned beyond a new crusher currently




Strategic Direction

How the company envisions the evolution of its business mix (e.g. sugar vs. oilseeds vs. processing) - during the war we focus on the stability of current operations so the business mix will not radically change

Whether further expansion in processing capacities (oilseeds, proteins, or other value-added products) is being considered