5th April, 2023
Another strong year of results
for Ameropa in 2022
- Turnover increased by 5% to CHF 10 billion.
- Strong results across the Group’s three clusters: Fertilizers, Food & Feed, and the Danube Region.
- Supported communities suffering from the consequences of the Ukraine invasion.
As it enters its 75th anniversary year, Swiss agricultural producer and trader, Ameropa, reports another strong fiscal year in 2022; driven by its success in manoeuvring through a very complex and volatile environment for commodities in 2022.
Sales increased by 5% year-on-year, from CHF 9.6 billion to CHF 10 billion, although sold volumes decreased from 29 million tons to 22 million tons due to supply chain disruptions related to the Ukraine war as well as changes in Ameropa’s geographic portfolio. All three business clusters – Fertilizers, Food & Feed, and the Danube Region – began executing their new strategies in 2022, and as a result, they all generated very strong results, despite the market challenges.
Because of the ongoing gas crisis in Europe, and alongside many other producers in the region, the temporary suspension of production of Azomures continued throughout 2022; posing a concerning temporary development for our teams there.
The new Group Sustainability Strategy was launched in the second half of 2022. One of its priorities is to reduce our direct GHG emissions, therefore supporting the EU goal to reduce emissions by 61% by 2030 compared to the levels in 2005. The strategy is comprised of three pillars: environmental stewardship, social responsibility, and business integrity.
The Ameropa Foundation continues to support social, educational and agricultural projects for communities in need. With projects in Brazil, Uganda and Romania underway throughout the year, 2022 focused on emergency relief for communities affected by COVID-19 and more recently, the war in Ukraine.