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 163.79 million Lithuanian Litas [US$183.83 million]
(1.17 billion Swedish Kronor [US$135.42 million]
of which 34%
was Norway), and
Schwaelbchen Molkerei Jakob Berz AG
based in Germany
(172.98 million Euro [US$194.14 million]
Zemaitijos Pienas AB reported sales of 149.11 million Lithuanian Litas (US$167.36 million)
December of 2015.
decrease of 7.5%
versus 2014, when the company's sales were 161.16 million Lithuanian Litas.
Contributing to the drop in overall sales was the 92.7% decline
in Ice Cream, from 654,541.24 Lithuanian Litas to 48,000.00 Lithuanian Litas.
There were also decreases in sales in
Fermented Cheese (down 22.3% to 58.03 million Lithuanian Litas)
Dry Milk Products (down 10.9% to 9.15 million Lithuanian Litas)
Butter and Fat Mix (down 9.5% to 8.51 million Lithuanian Litas)
Other (down 26.9% to 12.47 million Lithuanian Litas)
However, these declines were partially offset by the increase in sales of
Fresh Dairy Products (up 24.1% to 60.90 million Lithuanian Litas)