Lithuania's largest dairy processing group, „Vilvi Group“, generated consolidated sales revenues of EUR 245.4 million last year, a 16.6% increase compared to the year 2023.

In December alone, the group's revenue amounted to EUR 20.3 million and was 6.1% higher than in the same period in 2023, the group announced on Friday on the „Nasdaq“ Vilnius Stock Exchange.

Last year's earnings „Vilvi Group“ are not currently published, but for the three quarters of 2024 the group earned earnings before interest, taxes, depreciation and amortisation (EBITDA) of EUR 24.8 million, 1.7 times more than the same period the previous year (EUR 14.8 million).

In 2023, the Group generated an audited net profit of €2.5 million – 5 times less than in 2022 and paid out a dividend of €3.7 million last year. The year before last, it generated consolidated revenues of €212.2 million – down 9.3%.

„Vilvi Group“ consists of Vilkyškių pieninė, „Modest“, Kelmės pieninė, „Kelmės pienas“, „Pieno logistika“ and Latvia's „Baltic Dairy Board“.