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PRELIMINARY RESULTS FOR THE YEAR ENDED 31 DECEMBER 2007 :

20072008

23 April 2008

Ukrproduct Group Ltd is a leading Ukraine-based producer and distributor of branded dairy foods.
Highlights (2006 – in brackets)

  • Sales: £48.1 million (£35.1 million)
  • EBITDA: £5.5 million (£2.8 million)
  • PBT: £3.7 million (£1.2 million)
  • Net profit: £3.3 million (£1.1 million)
  • Gross margin: 21.7% (20.7%)
  • Basic earnings per share: 7.8p (2.6p)
  • Proposed final dividend of 0.82p per share giving 1.4p for the full year (0.61p)
  • Business fully recovered in core product segments after the crisis in 2006
  • Capacity utilisation improved, distribution network rationalised, milk collection system strengthened

Numbers rounded up.  For the complete numbers please refer to the Financial Statements.
Commenting on the 2007 results, Jack Rowell, Chairman of Ukrproduct Group Ltd., said:
“In the past year, the Group’s operating strengths, agile decision-making by the executive team and favourable business environment have delivered the best performance on record to the shareholders. I am pleased to observe the continuing flexibility of the business and the strength of the Group’s product portfolio. In a dynamically evolving environment of dairy sector of Ukraine such a combination is a powerful portent for the soundness and vitality of the underlying business model.”

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Annual & Interim Results

Ukrproduct Group - Half-year results 2014

Ukrproduct Group - Annual Report 2013

Ukrproduct Group - Half-year results 2013

More Annual & Interim Results

 

Contact information

Address in Ukraine:
14th Floor, 39-41
Shota Rustaveli St.,
Kyiv 01033 Ukraine
Tel/fax +380 44 232 9602

Address in Jersey:
26 New Street, St Helier
Jersey JE2 3RA Channel Islands
Tel/fax +44 1534 814 814

 

 

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