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The AF Group gives over £2.4million back to its members after another strong performance

03 July, 2020
The AF Group – the largest agricultural buying group in the UK and independent provider of advice, insight, and services to the farming community – has announced another strong set of results for the financial year ended January 31, 2020.

· Total member funds increased by 22% to £5.68 million
· Turnover rose by 5% to £287 million
· Total value refunded up by 46% to £2.41 million


“Our impressive performance is yet again a testament to the hard work and dedication shown by our staff, members and suppliers”, said Jon Duffy, CEO at AF. “By coming together and working collaboratively we have enhanced our partnerships and strengthened our financial position.

Strength, robustness and agility are all attributes that have been needed more than ever during 2020. The work we have done in getting our costs under control, growing our reserves and increasing our profitability has paid dividends as we navigated atrocious weather, Brexit uncertainty and the horrible pandemic we have all had to endure.
As well as being able to return more value back to our members, our increased reserves will help us grasp any new opportunities as we invest more in the business and the technologies that will help us become even more efficient and profitable.

Strength, robustness and agility are all attributes that have been needed more than ever during 2020. The work we have done in getting our costs under control, growing our reserves and increasing our profitability has paid dividends as we navigated atrocious weather, Brexit uncertainty and the horrible pandemic we have all had to endure.


Everyone involved in AF should rightly be proud of the year we have had. It is heartening to see AF as an example of industry succeeding in difficult times. By working closely together, pooling our resources and investing in our future, the future for agriculture and AF is bright.

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