Vilkyskiu pienine (VLP1L) Q2 2025 earnings summary

Executive summary

• Consolidated sales revenue for H1 2025 reached EUR 142.9 million, up 22.0% year-over-year.

• Net profit for the period was EUR 8.8 million, a 15.6% decrease compared to H1 2024.

• EBITDA amounted to EUR 12.5 million, down 6.4% from the previous year.

• 88% of sales were exports to over 60 countries.

• Over 205,000 tons of milk were purchased, a 16.4% increase year-over-year.

Financial highlights

• Revenue: EUR 142.9 million (+22.0% YoY).

• Net profit: EUR 8.8 million (-15.6% YoY).

• EBITDA: EUR 12.5 million (-6.4% YoY).

• Gross profit: EUR 15.4 million (-5.6% YoY).

• Net profit margin: 6.2% (-2.7 p.p. YoY).

Outlook and guidance

• The group continues to focus on innovation, expanding global market reach, and sustainable production.

• Ongoing investments in new production capacity, especially the cheese factory in Latvia, are expected to support future growth.