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BM AGRI

Gradually moving
towards stability

2024 was shaped by an emphasis on the core business and cost efficiency.
With a focus on the Swedish market and a back-to-basics approach, BM Agri

is preparing for a more stable future in an ever-challenging world.

When BM Agri’s CEO Per-Arne Gustavsson looks back on
2024, he sees some bright spots compared to a turbulent
2023 marked by tough external factors and difficult
weather conditions. Per-Arne Gustavsson describes the past year as
a step in the right direction:

“We’re not there yet, but we’ve taken several important steps to
strengthen our position and establish better conditions for the future.”

After two relatively tough years,
we’re getting closer to the light at

the end of the tunnel

RECOVERING FROM TWO CHALLENGING YEARS With quality certificates such as GMP+, 2BSvs and KRAV, BM Agri
2024 proved to be another tough year for BM Agri, but the company is ensuring continued confidence among its customers, Swedish and
has clearly recovered. Although the loss from 2023 could not be international.
turned into a profit, there are several signs of improvement. This
year’s harvest was bigger than last year’s, which boosted liquidity FOCUS ON STABILITY AND THE CORE BUSINESS
and improved financial performance. With a low cost base and an efficient organization, BM Agri managed
to navigate a turbulent market without making any major structural
“We’re not hitting our business targets, but we’re heading in the changes. The company’s strategy is clear: back to basics!
right direction,” says Per-Arne Gustavsson. “With more stability in
the market, we’re looking at next year with greater confidence.” “We don’t have any lofty expansion plans at the moment,” says Per-
Arne Gustavsson. “The focus is on building a profitable business, step
The company’s focus on the Swedish market reinforced its position, by step, and getting back on track. We don’t set any sales targets as
and this year it delivered grain to every single Swedish mill – a signifi- we operate in a market that is greatly dependent on harvests and
cant achievement. Since malting barley needs to be stored for a price levels. Our employees are our greatest strength and with the
long time and ties up capital, the crops they are now focusing on are right conditions, we can make 2025 a very strong year,” he concludes.
rapeseed, wheat and oats.
Next year’s goal is to continue to act as an extension of the farmer
“We reviewed our costs during the year,” says Per-Arne Gustavsson. and keep focusing on the core business – with their sights set on
“We purchased smaller crops that tie up capital and focused on back- profit and sustainable growth.
to-back trading, among other things. We continue to enjoy the trust
of our major customers, including the Absolut Company, which we’re
pleased about. After two relatively tough years, we’re getting closer
to the light at the end of the tunnel.”

FOCUS ON SUSTAINABILITY – A TRICKY EQUATION The company’s strategy is
Customer demands for sustainability are growing, with BM Agri clear: back to basics!
intensifying its efforts to meet them. The company offers full tracea-
bility from farm to delivery, and annually increases the proportion of PER-ARNE GUSTAVSSON,
transportation that uses renewable fuels. Despite this progress, there CEO
are tangible challenges.

“Our customers want sustainable solutions but usually without
higher costs, and that’s an equation that doesn’t always add up,”
explains Per-Arne Gustavsson. “We’re striving to balance climate
goals with commerciality, which is a challenge in today’s economy.”

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