Lithuanian cheesemaker Vilkyskiu Pienine's H1 revenue, profit rise

Vilkyskiu Pienine AB

31/08/2026 16:55

Overview
Lithuania dairy group's H1 2026 revenue rose 29.9% yr/yr to EUR 185.5 mln
Net profit for H1 2026 increased 42.8% to EUR 12.6 mln
Profit boosted by EUR 6.1 mln gain from bargain purchase of Marijampolės pieno konservai UAB

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
ACQUISITION GAIN - Net profit boosted by EUR 6.1 mln gain from bargain purchase of Marijampolės pieno konservai UAB
GROUP EXPANSION - Marijampolės pieno konservai UAB joined the group on 16 January 2026, contributing to consolidated results
DRY MILK DEMAND – Dry milk revenue more than doubled, driven by higher whey-protein prices, volumes and MPK's added milk-powder capacity

Company press release: ID:nGNE6dQdzB

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
EUR 12.60 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)