Zemaitijos Pienas AB operates in the Cheese, natural and processed sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zemaitijos Pienas AB with three other
dairy companies in Europe:
Tat Gida Sanayi AS
sales of 1.16 billion Turkish Liras [US$200.72 million]
of which 53%
was Milk&Milk Products),
Centrale del Latte d'Italia SpA
(180.33 million Euro [US$198.82 million]
of which 38%
was Fresh Milk), and
Schwaelbchen Molkerei Jakob Berz AG
based in Germany
(186.29 million Euro [US$205.39 million]
of which 53%
Zemaitijos Pienas AB reported sales of 177.88 million Lithuanian Litas (US$196.12 million)
December of 2018.
increase of 3.2%
versus 2017, when the company's sales were 172.28 million Lithuanian Litas.
This was the third consecutive year of growth at Zemaitijos Pienas AB.
Sales of Other Products saw an increase
that was more than double the company's growth rate: sales were up
21.9% in 2018, from
13.82 million Lithuanian Litas to 16.84 million Lithuanian Litas.
Zemaitijos Pienas AB also saw significant increases in sales in
Fresh Dairy Products (up 9.0% to 57.01 million Lithuanian Litas)
Not all segments of Zemaitijos Pienas AB experienced an increase in sales in 2018:
sales of Butter and Fat Mix fell 7.0% to 15.03 million Lithuanian Litas.
Zemaitijos Pienas AB also experienced decreases in sales in
Cheese and Cheese Procuts (down 0.6% to 76.21 million Lithuanian Litas)
Dry Milk Products (down 4.0% to 12.80 million Lithuanian Litas)