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International Internet Magazine. Baltic States news & analytics Friday, 29.03.2024, 15:28

Sales of Vilkyskiu Pienine Group grew by 4% in 2014

BC, Vilnius, 04.03.2015.Print version
In 2014, Vilkyskiu Pienine Group reported sales of LTL 379 million (EUR 110 million), a 4% rise from 2013, the company announced, cites LETA/ELTA.

Revenue growth stalled despite larger volumes sold. The impact came from a fall in dairy product prices on the global market, as well as a decrease in demand and the subsequent embargo introduced by the Russian Federation.

 

The group's net profit came to LTL 11 million (EUR 3.2 million) in 2014, down 14% from the previous year.

 

The EBITDA for the twelve months of 2014 – LTL 21.4 million (EUR 6.2 million), down 11% from the previous year.






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