In first quarter of the year 2018, Milkiland Group delivered the positive financial result of the business, both at EBITDA and Net profit levels.
After 2017, Milkiland’s management are now more confident to state that the Group is successfully withstanding challenges put to its business back in 2014, when Ukraine-Russia conflict instantly deprived us the key export market of Russia and depressed our financials, thus generating the significant losses.
Milkiland Group warmly wishes Merry Christmas and Happy New 2018 Year to our shareholders, customers, partners and friends.
Kyiv, November 15, 2017 - Milkiland publishes the results for the nine months of 2017
In 9 months 2017 Milkiland put an additional efforts aimed at preserving of profitability of the business by selling of high value-added dairy, as well as at the entering of new export markets and catching the opportunities of profitable international trade in the global dairy market.
On 29 of September 2017, the loan amendment agreement to Loan facility agreement between PJSC “First Ukrainian International Bank” and the Group’s subsidiary, LLC “Milkiland Ukraine”, on restructuring of the indebtedness to this creditor, was signed.