The agricultural sector of NIBULON achieved a good level of profitability: the total EBITDA amounted to $24.855 million. This was achieved through a reform that included a shift in philosophy with a focus on efficiency and profitability through investments and the implementation of new technologies.
In the season 2024, the company harvested nearly 274 thousand tons of grain from an area of 51,279 hectares, which is 115 thousand tons more than last year’s figures.
The main crop, which generated $16.097 million, was corn, with a yield of 190,410 tons harvested from 23,730 hectares. This is despite the fact that the Chyhyryn cluster in Cherkasy region reached a yield of only 6 tons per hectare.
High yields were achieved in the Kamianets-Podilskyi and Khmilnyk clusters, which helped to make up for the lower harvests in Mykolaiv and Cherkasy regions. High-productivity crops such as corn and soybeans were concentrated in the Khmilnyk and Kamianets-Podilskyi cluster, significantly improving their results.
The results of the season confirm the effectiveness of the changes in approaches to agricultural production, the implementation of new technologies, and strategic reorganization.
In the future, NIBULON plans to continue developing its agricultural sector, focusing on increasing yields and incorporating innovative solutions into production, while gradually expanding its land bank.
Previously we wrote about spring field works at NIBULON.
