Zemaitijos Pienas AB operates in the Cheese, natural and processed sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Zemaitijos Pienas AB with three other
dairy companies in Europe:
Pieno Zvaigzdes AB
sales of 150.13 million Lithuanian Litas [US$176.62 million]
Schwaelbchen Molkerei Jakob Berz AG
(166.53 million Euro [US$195.91 million]
based in Sweden
(1.74 billion Swedish Kronor [US$205.98 million]
of which 39%
Zemaitijos Pienas AB reported sales of 149.90 million Lithuanian Litas (US$176.35 million)
December of 2016.
a very small
increase of 0.5%
versus 2015, when the company's sales were 149.11 million Lithuanian Litas.
Despite this increase, sales are still
below the level achieved in 2014, when Zemaitijos Pienas AB
reported sales of 161.16 million Lithuanian Litas.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Zemaitijos Pienas AB had sales
of 143.20 million Lithuanian Litas.
Sales of Butter and Fat Mix saw an increase
that was more than double the company's growth rate: sales were up
30.9% in 2016, from
8.51 million Lithuanian Litas to 11.15 million Lithuanian Litas.
Zemaitijos Pienas AB also saw significant increases in sales in
Fermented Cheese (up 10.0% to 63.85 million Lithuanian Litas)
Dry Milk Products (up 29.2% to 11.82 million Lithuanian Litas)
Not all segments of Zemaitijos Pienas AB experienced an increase in sales in 2016:
sales of Ice Cream fell 56.3% to 21,000.00 Lithuanian Litas.
(However, this segment's sales were only a very small portion of the company's overall sales).
Zemaitijos Pienas AB also experienced decreases in sales in
Fresh Dairy Products (down 13.3% to 52.82 million Lithuanian Litas)
Other Products (down 17.8% to 10.25 million Lithuanian Litas)