Pieno Zvaigzdes (PZV1) Q2 2026 earnings summary

Executive summary

• Interim report covers the six months ended June 30, 2026, prepared in accordance with IFRS and confirmed by management as a fair review of business development and performance.

• Main activity is dairy production, with a diversified product portfolio and significant export operations to EU, CIS, and Asia.

Financial highlights

• Revenue for H1 2026 reached €111.5 million, up from €108.7 million year-over-year.

• Gross profit increased to €31.7 million from €22.0 million year-over-year.

• EBITDA rose to €13.0 million from €5.9 million year-over-year.

• Net profit for H1 2026 was €9.7 million, up from €2.4 million year-over-year.

• Earnings per share for H1 2026 were €0.21, compared to €0.05 in H1 2025.

Outlook and guidance

• Full-year 2026 turnover is forecasted at €228.5 million.