Ukrproduct Reports Mixed Mid-Year Financial Results

Ukrproduct (GB:UKR) has released an update.

Ukrproduct Group Ltd, a key player in Ukraine’s dairy and beverage market, reports a mixed financial performance for the first half of 2024, with a slight decline in revenue due to local currency devaluation but a notable increase in net profit and EBITDA margin. Despite challenges such as increased competition and the war in Ukraine, the company saw growth in butter sales and a significant boost in its kvass and beverage segment, while also managing to improve overall profitability.

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