Louis Dreyfus Company reported $26.8 billion in net sales for the first half of 2026, with net income of $444 million and EBITDA of $1 billion, demonstrating strong performance through geographic diversification and strategic investments in new processing facilities across Latin America and North America.
- Financial Performance: $26.8B net sales, $1.2B segment operating results, $1B EBITDA, and $444M net income for H1 2026
- Volume Growth: LDC shipped 2.7% more volume year-over-year, supporting overall financial performance
- Capital Investments: New logistics hub in Brazil, crushing line in Argentina, canola processing expansion in Saskatchewan, and pea protein facility completed
- Green Financing: Inaugural $50 million green private placement issued in July under new Green Financing Framework
- Return Metrics: Return on equity reached 9.9% for the period with adjusted leverage ratio at 1.7x
Louis Dreyfus Company reported net sales of $26.8 billion for the six months ended June 30, 2026, with segment operating results reaching $1.2 billion and EBITDA at $1 billion. The results reflect what CEO Michael Gelchie called the company’s ability to navigate complex market conditions through geographic and commercial diversification.
The Amsterdam-based agricultural merchant shipped 2.7% more volume year over year during the period, supporting its financial performance across a diversified business portfolio. Net income for the group reached $444 million, up from $418 million in the same period last year.
“LDC once again leveraged its geographic and commercial diversification, market and risk management expertise, and increasing integration across agri-food value chains, to navigate a complex and volatile context, while maintaining control over both costs and capital deployment, investing strategically to support future growth,” Gelchie said.
The company continued expanding its global operating network during the first half of 2026. In Latin America, LDC inaugurated a new logistics hub in Brazil and started operating a new crushing line for high-oil-content seeds in Argentina. The company also announced plans to build a sunflower and soy processing plant in Argentina to meet growing demand for vegetable oils in food and biofuels applications.
In North America, LDC completed construction of expanded canola processing facilities and its first pea protein production facility at its Yorkton, Saskatchewan, complex. The company also advanced construction of a new soy processing complex in Upper Sandusky, Ohio.
During the period, LDC prepared for its inaugural $50 million green private placement, issued in July under the company’s recently launched Green Financing Framework. The 10-year transaction marked a milestone in LDC’s financing approach as the company works to support more sustainable agricultural value chains.
The company’s return on equity reached 9.9% for the period, up slightly from 9.8% for full-year 2025. The adjusted leverage ratio stood at 1.7x, compared with 1.3x at the end of 2025.
“LDC’s performance in the first semester reflects progress and momentum for growth, with positive contributions from new businesses activities and operating facilities,” Gelchie said. “In the second half of 2026, LDC remains focused on disciplined execution and targeted investment.”
