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0GGR Vilkyskiu Pienine Ab

3.21
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Vilkyskiu Pienine Ab LSE:0GGR London Ordinary Share LT0000127508 VILKYSKIU PIENINE ORD SHS
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 3.21 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Dairy Farms 210.54M 14.67M 1.2280 2.61 38.34M

VILVI GROUP's largest investment in 31 years - around 50 million EUR in new cheese production capacity

07/03/2024 7:50am

UK Regulatory


Vilkyskiu Pienine Ab (LSE:0GGR)
Historical Stock Chart


From Dec 2023 to Jun 2024

Click Here for more Vilkyskiu Pienine Ab Charts.
VILVI GROUP's largest investment in 31 years - around 50 million EUR in new cheese production capacity

VILVI GROUP launches the largest investment project in its 31-year history. The preliminary plan is to invest around 50 million EUR in new cheese production capacity in Bauska, Latvia, on the territory of the Group's company SIA Baltic Dairy Board. The project is planned to be completed by 2027, new work places are planned.

The project is financed with own resouces and loans from Citadele Bank. The Latvian Government, through the Latvian State Development Finance Institution, will contribute 8.5 million EUR to the project.

VILVI GROUP is one of the largest dairy processing groups in the Baltic States, with a historical export share of around 90%. The main export markets are the European Union countries, Group exports also to Asia and other continents. The Group consists of Vilkyškių pieninė, Modest, Kelmės pieninė, Kelmės pienas, Pieno logistika and Baltic Dairy Board in Latvia.

According to preliminary unaudited data, the net profit of VILVI GROUP was 14.6 million EUR in 2023, or 15% more than in 2022, when the net profit was EUR 12.7 million. The Group's EBITDA amounted to EUR 21 million, an increase of 9.1% compared to the previous year.


Gintaras Bertašius
Director General
Phone: +370 441 55 330


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