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Lithuania’s Vilvi Group lifts Jan-Jul sales 15 pct to EUR 137 mln

Vilvi Group, a leading Lithuanian dairy group, said on Monday that its revenue for January-July rose by 15 percent year-on-year to 137.36 million euros.

Monthly revenue in July surged by 30.1 percent from a year ago to 20.38 million euros, the company said in a stock exchange release.

Vilvi Group’s first-half revenue jumped by 13 percent year-on-year to 116.98 million euros.

The group saw its annual net profit slump down to 2.527 million euros last year, from 12.6 million euros in 2022. Consolidated revenue came in at 212.2 million euros, down 9.3 percent.

It paid out 3.7 million euros in dividends this year.

Source: BNS

(Reproduction of BNS information in mass media and other websites without written consent of BNS is prohibited.)

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