Brief: Milkiland 9-Month Net Result Swings To Loss Of EUR 13.4 Mln

Mlk Foods Public

16/11/2018 07:14

Nov 15 (Reuters) - MILKILAND NV  MLK.WA :
    * REPORTED ON THURSDAY 9-MONTH NET LOSS AT EUR 13.4 MLN VS
PROFIT
EUR 4.6 MLN YEAR AGO
    * 9-MONTH REVENUE EUR 98.8 MLN VS EUR 105.7 MLN YEAR AGO
    * 9-MONTH EBITDA EUR 4.5 MILLION VS EUR 8.2 MLN YEAR AGO
    * 9-MONTH WHOLE-MILK DAIRY SEGMENT REVENUE DECLINED BY 14%
YOY TO
EUR 47.3 MLN ON A BACK OF SLIGHTLY LOWER SALES VOLUMES AND
OPERATIONAL CURRENCIES DEPRECIATION AGAINST EUR
    * 9-MONTH CHEESE & BUTTER SEGMENT REVENUE INCREASED BY 19%
YOY TO
EUR 37.3 MLN THANKS TO SALES VOLUMES BOOST FROM RUSSIAN RYLSK
SUBSIDIARY AND MILKILAND’S INTERMARKET

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEMbFvqYSa
    
 Further company coverage:  MLK.WA  
   


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