Notification on material event
The sales of AB Vilkyskiu pienine group August 2014
The consolidated sales of the company for August 2014 amounted to 27.6 million LTL (8 million EUR) – 26% decreased comparing to August 2013. The sales of the company for the last 12 months (September 2013 - August 2014) amounted to 391 million LTL (113.2 million EUR) – 16% increased comparing to the same period last year (September 2012 - August 2013). The sales of the company for period January - August 2014 amounted to 256 million LTL (74.1 million EUR) - 12% increased comparing to the same period last year.
In August 2014 turnover dropped concerning decreased prices of dairy products in world dairy market. For example, Vilkyskiu pienine, AB pasteurized sweet cream sold in 32% lower price as in August 2013. Also the drop of the turnover was influenced by the Russia import embargo to agriculture products.
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