Vilkyškiu pienine AB, not audited financial results for the first three months of 2018

Based on preliminary unaudited results Company‘s sales over first three months of 2018 amounted to 21 million EUR - 25% decrease comparing to the same period last year.  (Sales over first three months of 2017 were 27.8 million EUR). The decrease in the price level of cheese and whey products in export markets and the lower amount of sold production caused bigger inventory at the end of the period and decrease of turnover. 

Company‘s net profit amounted to 0.1 million EUR over first three months of 2018 or 8.4 times less compared with 1.0  million EUR net profit accounted over first three months of 2017.

         Vilija Milaseviciute
         Economics and finance director
         Phone: +370 441 55 102

Attachment

• The results of 3 months of 2018