Unaudited financial results of Vilkyskiu pienine, AB for the twelve months of 2014
In 2014, Vilkyskiu Pienine Group reported sales of LTL 379 million (EUR 110 million), a 4 percent rise from 2013. 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 pct from the previous year.
The EBITDA for the twelve months of 2014 – LTL 21.4 million (EUR 6.2 million), down 11 pct from the previous year.
Economics and finance Director
Tel.: +370 441 55 102