Vilkyskiu pienine (VLP1L) Q4 2025 earnings summary

Executive summary

• Completed acquisition of 100% shares in Marijampolės pieno konservai UAB, expanding group structure and control.

• Finalized the largest investment project: a €60M automated cheese production facility in Bauska, Latvia, boosting capacity and competitiveness.

• Launched new products and innovative marketing campaigns, including the blue milk drink partnership.

• Extended long-term partnership with Kaunas Žalgiris and received RSPO certification for responsible palm oil sourcing.

Financial highlights

• Revenue rose 16.9% year-over-year to €286.9M in 2025.

• EBITDA dropped 50.5% to €16.6M, with EBITDA margin falling to 5.8% from 13.7%.

• Net profit decreased 59.9% to €10.3M, with profit margin at 3.6%.

• Financial debt increased 67% to €65.5M, mainly due to investment in the new facility.

• Purchased milk volume grew 23.6% to 434,692 tons.

Outlook and guidance

• New cheese facility expected to enhance international market expansion and production efficiency.

• Strategic investments and acquisitions position the group for future growth despite short-term margin pressure.