AB Pieno žvaigždės, unaudited financial results for the year 2021

According to preliminary unaudited data, the sales revenue of AB Pieno žvaigždės in 2021 was EUR 176.7 million, or 3.3% more than a year earlier (sales revenue in 2020 was EUR 171.1 million). EBITDA for 2021 was EUR 7.2 million or 50% lower compared to EBITDA of EUR 14.3 million a year earlier.In 2021 the company generated a net profit of EUR 1.25 million or 84% less than a year ago. In 2020 the company had a net profit of EUR 7.7 million.Audrius Statulevičius CFO +370 52461419 ...

According to preliminary unaudited data, the sales revenue of AB Pieno žvaigždės in 2021 was EUR 176.7 million, or 3.3% more than a year earlier (sales revenue in 2020 was EUR 171.1 million).
EBITDA for 2021 was EUR 7.2 million or 50% lower compared to EBITDA of EUR 14.3 million a year earlier.
In 2021 the company generated a net profit of EUR 1.25 million or 84% less than a year ago. In 2020 the company had a net profit of EUR 7.7 million.

Audrius Statulevičius
CFO
+370 52461419

Attachment

• 2021_q4_en_eur_solo_ias