Tonkens Agrar AG (GTK.DE)
Tonkens Agrar AG operates in the Agricultural Farm Products industry of the Consumer Defensive sector, headquartered in Sülzetal, SX, DE. The stock last traded at $7.00, up 0.00% on the session, giving a market capitalisation of $11.6M. Its beta of -0.21 implies it has historically moved less than the broad market.
Tonkens Agrar AG, along with its subsidiary companies, primarily operates within Germany, overseeing the entire process of cultivating, storing, processing, and marketing various fruits. These fresh products are mainly supplied to the food industry and wholesale distributors. In addition to fruits, the company also specializes in growing a diverse range of crops such as cereals, potatoes, maize, and onions, and is involved in dairy production. Its agricultural endeavors span a significant area of approximately 3,500 hectares. Beyond farming, Tonkens Agrar AG also engages in energy generation through solar photovoltaic (PV) systems, boasting an installed capacity of 2 megawatts, and by operating biogas facilities. The company was founded in 2010 and is headquartered in Sülzetal, Germany, functioning as a subsidiary of Tonkens Holding GmbH.
Tonkens Agrar AG is most often compared with the following Consumer Defensive names: