In 2024, the KSG Agro agricultural holding increased its gross revenue from pig farming to $8.9 million, which is 64% more than in the previous year, according to the press service of the agricultural holding.
“A 64% increase in profitability in a year, even in peacetime, can be considered a significant result. Even before the war, agricultural companies were accustomed to working with abnormal risks, including epidemics, crop failures, and climate change. The war has multiplied the unpredictability and the list of threats. Therefore, a high-quality risk management system is essential for agribusiness, and the current market position of our agricultural holding once again confirms this. We are ready to share our experience in risk and investment management during the war with other Ukrainian companies,” said Serhiy Kasyanov, chairman of the board of directors of the agricultural holding, as quoted by the press service.
According to him, the agricultural holding is developing vertical integration, regularly conducting stress tests of its business model, and adjusting its strategies. Ukrainian and European investors are responding positively to the agricultural holding’s obvious successes, considering it a highly profitable, albeit undervalued asset during the war.
The vertically integrated holding company KSG Agro is engaged in pig farming, as well as the production, storage, processing, and sale of grain and oilseeds. Its land bank in the Dnipropetrovsk and Kherson regions is about 21,000 hectares.
According to KSG Agro, it is one of the top five pork producers in Ukraine. In 2023, the agricultural holding company began implementing a “network-centric” strategy, under which it will move from developing a large location to a number of smaller pig farms located in different regions of Ukraine.