Rokiskio Suris Group's Impressive Six-Month Results
In the first half of 2024, Rokiskio suris AB Group has showcased remarkable financial achievements, recording consolidated unaudited sales of EUR 174,808 thousand. This figure represents an 18% increase compared to the same period in 2023, which saw sales of EUR 148,106 thousand. The surge in sales indicates a robust performance amid a competitive market.
Significant Growth in Net Profit
During the January to June period, Rokiskio suris AB Group reported a net profit of EUR 6,429 thousand, resulting in a net profitability of 3.68%. This is a substantial increase from the previous year's net profit of EUR 1,794 thousand, highlighting the Group's effective strategies in driving profitability.
Understanding EBITDA Performance
The EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization, also saw a remarkable rise. For the first half of 2024, the EBITDA reached EUR 13,710 thousand, a marked improvement from the EUR 6,615 thousand reported in the first half of 2023. This improvement is a clear indicator of better operational efficiency and cost management.
Factors Driving Increased Revenue
The notable increase in Rokiskio suris AB Group's operating results can be attributed to rising prices for fresh and GRAND fermented cheeses, along with other whey products and fats. These price increases have positively impacted the Group's profitability and market competitiveness in the first half of 2024.
Looking Forward
As evidenced by these results, Rokiskio suris AB Group is on a promising trajectory as it continues to adapt and thrive in its industry. The adjustments to product pricing and focus on quality have set a strong foundation for future success, and stakeholders can look forward to continued growth in the forthcoming quarters.
Contact Information
For further details or inquiries, please contact:
Dalius Trumpa, CEO
+370 458 55200
Frequently Asked Questions
What are the main achievements of Rokiskio Suris Group in 2024?
Rokiskio Suris Group achieved a significant increase in sales by 18%, reaching EUR 174,808 thousand, along with a net profit of EUR 6,429 thousand.
How did Rokiskio Suris Group's EBITDA change in the first half of 2024?
The EBITDA rose to EUR 13,710 thousand in the first half of 2024, a substantial increase compared to EUR 6,615 thousand in the same period last year.
What factors contributed to Rokiskio Suris Group's revenue growth?
The increase in revenue was largely driven by higher prices for fresh and GRAND fermented cheeses and other whey products and fats.
Who is the CEO of Rokiskio Suris Group, and how can I contact them?
The CEO of Rokiskio Suris Group is Dalius Trumpa. You can contact him at +370 458 55200.
Where can I find the full interim report?
The full interim report can be accessed directly through the company’s announcements and financial disclosures.
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