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VLP: Consolidated non-audited results for the 1st quarter 2008
Vilkyskiu Pienine AB Notification on material event 19.05.2008
Consolidated non-audited results for the 1st quarter 2008
Consolidated non-audited sales of PLC Vilkyskiu pienine and
PLC „Modest” for the 1st quarter 2008 amounted to 24.4 million LTL
(7.07 million EUR), or 12 per cent decrease comparing to
the 1st quarter 2007. Consolidated non-audited loss of PLC Vilkyskiu
pienine group for the 1st quarter 2008 amounted to 1.4 million LTL
(0.4 million EUR).
The negative result was caused by the 43 per cent increased price
of raw milk comparing to the 1st quarter 2007, also the decreased
prices of exportable production and diminished demand.
Economist - Analyst
Phone: +370 441 55 102
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