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.

         Vilija Milaseviciute
         Economics and finance Director
         Tel.: +370 441 55 102


Attachments

The results of 12 months of 2014.pdf Interim unaudited consolidated financial statements for the 12 months of 2014.pdf