Lithuania: Vilvi Group’s sales down 8% in H1/2023

The Lithuanian dairy processing group, Vilvi Group, posted consolidated sales of EUR 103.73mn in the first half of 2023, GlobeNewswire reports. Compared to the same period of 2022, the group’s sales declined by 8.1%. Vilvi Group consists of Lithuania’s Kelmes Pienas, Kelmes Pienine, Modest, Pieno Logistika, and Vilkyskiu Pienine, as well as Latvia’s Baltic Dairy Board. The group has five food processing plants.