Auga Group AB (VSE:AUG1L)
Lithuania · Delayed Price · Currency is EUR 0.0688
+0.0010 (1.47%)
At close: Apr 24, 2026
Auga Group AB Earnings Call Transcripts
Fiscal Year 2024
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H1 2024 saw revenue decline and a 51% cut to EBITDA guidance, mainly due to crop segment underperformance from lower yields, higher costs, and reduced subsidies. Dairy, mushroom, and FMCG segments showed resilience, with cost reductions and new products supporting results.
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Q1 2024 saw higher gross profit and lower operating costs, with strong dairy and FMCG performance. Strategic tech investments and a shift to conventional practices aim to boost margins and sustainability, while EBITDA guidance for 2024 remains unchanged.