"Pieno žvaigždės grows revenues by almost 15% this year, but profits are down

Asociatyvi nuotr. Gedimino Stanišausko nuotr.

One of the country's largest dairy processing companies „Pieno žvaigždės“ has generated revenues of EUR 52.3 million in the first three months of the year, which is 14.8% higher than the EUR 45.6 million generated in January-March 2024, the company announced.

The company's sales grew this year both in Lithuania and in the European Union, as well as in countries outside the Community.

The company's net profit amounted to €0.2 million, down from €2.2 million in the first three months of last year.

„Milk Stars“ EBITDA for the first three months of 2025 was €2 million, compared to €3.9 million at the same time last year. 

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