Kri-Kri Milk Industry (KRI) Q3 2025 earnings summary

Executive summary

• Sales for the nine months ended 30 September 2025 reached €259.7 million, up from €207.5 million year-over-year, driven by both ice cream and dairy segments.

• Net profit for the period was €31.1 million, compared to €36.4 million in the prior year, reflecting higher costs and tax expenses.

• EBITDA for the period was €42.9 million, slightly down from €43.7 million year-over-year.

Financial highlights

• Gross profit increased to €72.2 million from €69.4 million year-over-year.

• Operating earnings (EBIT) were €38.3 million, down from €39.8 million in the previous year.

• Earnings per share (EPS) were €0.944, compared to €1.102 in the prior year.

• Cash flow from operating activities was €27.1 million, compared to €28.5 million year-over-year.

• Dividend of €0.40 per share for 2024, totaling €13.2 million, was distributed in August 2025.

Outlook and guidance

• Management expects continued growth in both ice cream and dairy segments, with seasonality impacting ice cream sales primarily in April–August.

• No material impact is expected from ongoing tax audits or contingent liabilities.