TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Ukrproduct ( (GB:UKR) ) has shared an update.
Ukrproduct Group Limited reported its audited results for the year ending December 31, 2024, highlighting a challenging year marked by the ongoing war in Ukraine. Despite the difficult conditions, including currency instability and supply chain disruptions, the company managed to grow local currency revenues by 13%, although reported GBP revenue remained stable. The company faced a decline in EBITDA by 29% to £1.7 million due to strategic decisions aimed at preserving business capacity and employment. The company also continues to face financial pressure, including a breach of loan covenants with the EBRD, but remains in discussions for restructuring. Despite these challenges, Ukrproduct launched new products and maintained its essential position in Ukraine’s dairy supply chain.
More about Ukrproduct
Ukrproduct Group Limited is a leading Ukrainian producer and distributor of branded dairy foods and beverages, including kvass. The company plays a vital role in Ukraine’s national infrastructure by supporting food security, rural employment, and export potential.
Average Trading Volume: 80,362
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.98M
For detailed information about UKR stock, go to TipRanks’ Stock Analysis page.