Press Release:

2025 Agra Annual General Meeting

Agra held its Annual General Meeting (AGM) on Friday, 28 November 2025, at the Agra/Bank  Windhoek Ring, attended by shareholders, the Board of Directors, and Executive  Management. The Chairman of the Board, Mr Ryno van der Merwe, opened the meeting by  acknowledging the strength of Agra’s performance during the 2024/25 financial year,  highlighting that this has been the best-performing year yet.     

As Agra marks its 45th anniversary, we are proud to report the most successful financial  results in our history. This milestone is not merely a reflection of financial performance, but  of the enduring partnerships we’ve built with Namibian farmers, entrepreneurs, and  communities. Our achievements are rooted in cooperation, not profit at the expense of our  clients, but shared success through loyalty, service, and mutual growth.  

Chief Executive Officer, Mr. Arnold Klein, delivered a comprehensive presentation on the  results, providing valuable insights into the company’s performance. He highlighted the key  financial indicators, unpacked the factors that influenced the year’s outcomes.    

For the year ended 31 July 2025, Agra delivered strong results across all major divisions. 

Total revenue increased by 5.5% to N$2 807.7 million, with gross profit rising 9.2% to  N$556.3 million. Operating profit grew by 43.7% to N$155.4 million, and profit after tax  reached N$115.1 million, up 56.7% from the prior year. These results reflect improved  margins, disciplined cost control, and strategic expansion.    

Agra’s share price rose by 4.9% to N$3.85 as of 31 July 2025, delivering a total return of 11%  including dividends. Net asset value increased to N$802.6 million, with net asset value per  share rising from N$6.86 to N$7.86, underscoring our commitment to long-term value  creation for shareholders.  

All ordinary resolutions were approved during the AGM. Notably, three  esteemed directors, Mr Benny Amuenje, Mr Jesko Woermann and Mr Marcel Lamprecht,  were re-elected to the Agra Board, reaffirming their commitment to Agra's strategic vision. 

As Agra marks its 45th anniversary, the company looks ahead with optimism, strengthened  by solid financial foundations and a deep commitment to supporting the agricultural sector and contributing meaningfully to Namibia’s economic development.