Kri-Kri Milk Industry Earnings Call Transcripts
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.