Industry, Lithuania, Markets and Companies

International Internet Magazine. Baltic States news & analytics Friday, 26.04.2024, 18:52

Kraft Foods Lithuania posts EUR 3.8 mln in losses in 2016 y-o-y

BC, Vilnius, 14.06.2017.Print version
Kraft Foods Lietuva, the biggest confectionery maker in the Baltic countries operated by one of the largest global food groups Mondelez International, posted 45.095 mln euros in consolidated revenue in 2016, down by 29.1%, from 63.62 mln euros, y-o-y.

The company last year incurred a consolidated net loss of 3.771 mln euros, a considerable decline from 9.771 mln euros in consolidated net profit in 2015, Kraft Foods Lietuva said in a 2016 report filed to the Center of Registers.


The group consists of the mother company Kraft Foods Lietuva and its subsidiaries Mondelez Lietuva Production, Mondelez Baltic and Mondelez Latvia.






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