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DLG's animal nutrition unit beats expectations

Danish company posts DKK297 million profit in first half as transformation program runs ahead of schedule.

Assy Danish Currency 1139103
ASSY | Pixabay

DLG Group's Energy and Animal Nutrition division delivered above-expectation results in the first half of 2026, helping the Danish agribusiness group achieve a pre-tax profit of DKK297 million and EBITDA growth of 32% year-over-year, driven in part by its ReGen transformation program that is 70% complete and ahead of schedule.

  • DLG Group reported first-half 2026 revenue of DKK 32.9 billion, up from DKK 31.1 billion in the same period last year
  • EBITDA rose to DKK 1,158 million, representing a 32% improvement over the first half of 2025
  • The Energy and Animal Nutrition division exceeded expectations despite geopolitical uncertainty and rising costs across the feed sector
  • The ReGen transformation program is more than 70% complete and ahead of schedule, targeting DKK 1 billion in gross EBITDA improvements by end of 2027
  • DLG Group ranks as the world's 55th largest feed producer with 34 feed mills and 2.8 million metric tons of annual feed output

Danish agribusiness group DLG Group said its Energy and Animal Nutrition division delivered results above expectations in the first half of 2026, helping drive the broader Group to a pre-tax profit of DKK297 million (US$5.1 billion), the company announced.

DLG Group reported first-half revenue of DKK 32.9billion, up from DKK 31.1billion in the same period last year. EBITDA rose DKK 283 million to DKK 1,158 million, a 32% improvement over the first half of 2025.

The Energy and Animal Nutrition division's above-expectations performance came despite geopolitical uncertainty and rising costs that have pressured commercial margins across the feed and agribusiness sector, the company said. DLG Group's Housing division maintained stable earnings despite continued caution in the German construction market, while its Agriculture division posted results driven by stronger execution in competitive markets.

Group CEO Peter Giørtz-Carlsen credited the results in part to ReGen, a three-year transformation program launched in 2025 with a target of DKK 1 billion in gross EBITDA improvements by the end of 2027. More than 70% of the program's identified potential is now in execution, ahead of the original schedule, the company said.

"We have made a good start to 2026, and the result shows that we have navigated well in highly volatile global markets," Giørtz-Carlsen said. "We can also see that the necessary changes we have initiated are beginning to take effect."

DLG Group said early effects of the ReGen program are visible across all four of its business areas, and it expects the program to make a positive contribution to full-year results in 2026. The full financial effect is not expected to be realized until the end of 2027.

Giørtz-Carlsen said persistent structural pressure and difficult terms of trade continue to challenge the agribusiness sector, requiring companies to improve both efficiency and value creation.

"We are certainly not at the finish line, but we are well on our way," he said.

DLG Group did not immediately release division-level financial figures for Energy and Animal Nutrition.

According to the Feed Strategy Top Companies Database, DLG Group is the world’s 55th largest feed producer, with 34 feed mills and an annual output of 2.8 million metric tons of feed.

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