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Tonkens Agrar (GTK)

Business description

Tonkens Agrar is engaged in the cultivation of crops including cereals, potatoes, onions and oil seed rape; the storage, processing and marketing of vegetables; milk production; and the production of renewable energy from biogas plants and photovoltaic installations. It farms c 3,000 hectares of high-quality land in the Saxony-Anhalt region of Germany.

Stock data

Market cap.€9.3m
Last close€5.25
High / Low (52 weeks)€7.4 / €5.1
Stock market listingDB
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamIndustrials
SectorGeneral Industrials

Price performance

%1m3m12m
Actual2.0(18.7)(15.2)
Relative *(0.1)(18.5)(24.9)

* % Relative to local index

Other companies in sector Show

Company news

Does Tonkens Agrar AG's (FRA:GTK) PE Ratio Warrant A Buy?

Wed, 09 May 2018 09:45:00 GMT

Tonkens Agrar: An Update

Tue, 24 Apr 2018 09:45:00 GMT

Vodafone Group Plc (LON:VOD): Has Recent Earnings Growth Beaten Long-Term Trend?

Sat, 10 Mar 2018 10:07:30 GMT

Tonkens Agrar H1 Sales Up Almost 6 Pct At EUR 8.2 Million

Wed, 11 Apr 2018 15:11:31 GMT

Tonkens Agrar says sees no further rise in FY revenues

Tue, 19 Dec 2017 09:18:20 GMT

Investment summary

Improved farmgate milk prices and higher volume sales of processed vegetables enabled Tonkens to achieve its stated goal of reporting a net profit after tax for FY17/18, compared with a loss the previous year. However, persistently low potato prices prevented the group from meeting its expectations of year-on-year revenue growth. Management continued with its strategy of focusing on higher-margin, added-value business, with volumes of peeled and packaged produce rising by 23% year-on-year.

Last updated on 07/12/2018

Key management

Gerrit Tonkens, CEO
Steffen Gaede, Commerce Director

Company address

Welsleber Straße 1
Sülzetal
39171
Germany
+49 (0) 39205 41 74 - 10
View website