Successful Refinancing and Financial Flexibility
Darling Ingredients successfully refinanced and upsized its Eurobond from EUR 515 million to EUR 750 million for 7 years at a fixed rate of 4.5%, providing a significant amount of financial flexibility and stability for the next 5 to 7 years.
Strategic Joint Venture in Health and Wellness
Announced the intention to form Nextida, a joint venture focused on the health and wellness space, aligning with the strategy to diversify and grow in high-margin, high-growth areas.
Improvement in Gross Margins
Gross margins improved to 23.3% for the second quarter of 2025 from 22.5% in the second quarter of 2024, with year-to-date gross margins also improving.
Positive Momentum in Feed Segment
Global rendering volumes are steady, with margin expansion both quarter-over-quarter and year-over-year due to operational efficiency and improved premium ingredient pricing.