Astarta, Ukraine’s largest sugar producer, has completed its early grain and oilseed harvest, yielding 237,000 tons of wheat (-9% y/y) and 31,000 tons of rapeseed (-23% y/y), according to the press service of the agricultural holding.
Astarta noted that wheat yields were 5.2 tons/ha (-3% y/y) and rapeseed yields were 2.7 tons/ha (-20% y/y).
“The current season was characterized by a number of climatic challenges: a lack of precipitation over most of the territory, spring frosts, local hailstorms, and prolonged rains in the western regions, which affected the pace of crop ripening and harvesting. At the same time, thanks to effective planning, the prompt deployment of equipment, and the coordinated work of Astarta’s agronomic and production teams, the company ensured timely and high-quality harvesting,” the agricultural holding said.
The highest results were achieved by agricultural companies in western Ukraine: Zhitnytsia Podillya with a wheat yield of 7.4 t/ha and Volochysk-Agro with a rapeseed yield of 3.1 t/ha. Astarta has now begun harvesting late crops.
At the same time, Astarta’s farmers are sowing winter crops for the 2026 harvest. The planned areas are 44,000 ha for winter wheat (-3% y/y) and 16,000 ha for winter rapeseed (+45% y/y).
According to the results of the first half of 2025, revenue in the segment amounted to EUR61 million (-38% y/y) amid a decline in sales volumes compared to last year’s harvest. Exports accounted for 83% of the segment’s revenue (compared to 93% in the first half of 2024),” the agricultural holding summarized.
Astarta is a vertically integrated agro-industrial holding operating in eight regions of Ukraine and the largest sugar producer in Ukraine. It comprises six sugar factories, agricultural enterprises with a land bank of 220,000 hectares, dairy farms with 22,000 head of cattle, an oil extraction plant in Hlobyn (Poltava region), seven elevators, and a biogas complex.
In 2024, Astarta increased its net profit by 34.5% to EUR83.25 million, while its consolidated revenue decreased by 1.1% to EUR612.15 million.
In the first quarter of this year, the agricultural holding’s revenue fell by 24.9% to EUR124.58 million, while net profit fell by 28.8% to EUR6.42 million.
On June 12 this year, the shareholders’ meeting approved the payment of dividends for 2024 in the amount of EUR0.5 per share for a total of EUR12.5 million, which corresponds to the figures for the previous two years.
