Ukrainian producer of eggs and egg products, Ovostar Union finished 2014 with a profit of US$ 25,835 million, which is 17% less than the year before, according to an official company report.
The total revenue over the last year decreased by 7% to US$ 74.78 million, the sale of eggs brought US$ 51.365 million and egg products US$ 20.03 million. Gross profit decreased to US$ 26.815 million from US$ 34,460 million in 2013, while the operating profit to US$ 25.38 million from US$ 32.346 million. EBITDA fell by 20% to US$ 29.1 million.
Despite this, in 2015 the company plans to increase egg production by 20.4% to 1.25 billion units. The financial report says that Ovostar expects to reach a production volume of 1.6 billion units. The report also says that by the end of last year, the total debt portfolio of Ovostar Union was US$ 9.51 million.
At the same time in 2014, the company produced 1.038 billion eggs, which is 16% more than in 2013. Export volumes increased by three times – up to 89 million units. The sale of eggs increased by 25% – up to 733 million pieces and export volumes tripled from 30 million units in 2013 to 89 million units in 2014.
"*" indicates required fields
Notifications
Your Privacy Matters
It's your legal right to choose which information a website may store and have access to. With your permission, we and our third-party partners (23) store and/or access information on a device, such as unique identifiers in cookies and browsing data to collect and process personal data.
We and our partners do the following data processing:
Store and/or access information on a device, Advertising based on limited data and advertising measurement, Personalised content, content measurement, audience research, and services development
If you accept any or all of these, you will have agreed to this website's use of cookies for these purposes. You may also choose to refuse consent, but certain personalized features of the site won't be available to you.