Vilkyskiu pienine (VLP1L) Q1 2025 earnings summary

Executive summary

• Q1 2025 revenue rose 26.5% year-over-year to EUR 71.1 million, driven by strong EU market growth.

• EBITDA decreased 6.4% year-over-year to EUR 6.0 million, with margin at 8.5%.

• Net profit declined 17.8% year-over-year to EUR 4.0 million, with EPS at EUR 0.34.

• Kelmės pienas UAB, a key subsidiary, celebrated its 100th anniversary and contributes 10% of group revenue.

• Participated in "Gulfood 2025" exhibition to support export growth.

Financial highlights

• Revenue: EUR 71.1 million (+26.5% year-over-year).

• EBITDA: EUR 6.0 million (-6.4% year-over-year); EBITDA margin 8.5%.

• Net profit: EUR 4.0 million (-17.8% year-over-year); profit margin 5.7%.

• Net financial debt: EUR 44.0 million (+113.9% year-over-year).

• Purchased milk: 101,118 tons (+15.5% year-over-year).

Outlook and guidance

• No explicit forward-looking guidance provided for 2025.

• Continued focus on export market expansion and product diversification.

• Ongoing investments in production capacity and international presence.