Kri-Kri Milk Industry Earnings Call Transcripts
Fiscal Year 2026
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Sales rose 26% to EUR 204 million in H1 2026, led by international yogurt growth and margin expansion. EBIT and profit after tax surged, but cost pressures from geopolitical factors are expected to impact H2. A EUR 127 million CapEx plan aims to double yogurt capacity by 2028.
Fiscal Year 2025
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Sales rose 28.2% to over €328 million, with strong yogurt export growth and improved profitability. 2026 guidance targets sales above €390 million and EBIT of €60 million, supported by capacity expansion and lower input costs.
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Sales rose 23.7% to €162 million in H1 2025, led by strong export growth, especially in yogurt. Margins declined due to higher input costs, but full-year sales are expected to exceed €300 million, with improved margins anticipated in H2.
Fiscal Year 2024
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Sales grew 18.5% in 2024, driven by exports, but margins declined due to higher input and labor costs. 2025 guidance targets 17% sales growth and stable EBIT margin, with continued CapEx and export expansion, while risks include input cost inflation and potential U.S. tariffs.
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Sales rose 15.8% year-over-year, driven by strong export growth and higher volumes, though margins declined due to pricing and cost pressures. Guidance for 2024 sales is raised to EUR 245 million, with double-digit growth expected in coming years.