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            Farming

            Farming covers the cultivation of cereals, oilseed rape, sugar beet, and other crops, the production of milk, and beef cattle farming. We have seven agricultural companies, situated on fertile land across Lithuania – Panevėžys District Aukštadvario ŽŪB, Panevėžys District Žibartonių ŽŪB, Kėdainiai District Labūnavos ŽŪB, Kėdainiai District ŽŪB Nemunas, Šakiai District Lukšių ŽŪB, Biržai District Medeikių ŽŪB and Sidabravo ŽŪB. Their consolidated revenue was EUR 21 million in H1 of FY 2021/2022.

            Our agricultural companies are cultivating over 19.2 thousand hectares of land, from which 5,943 ha area is owned. We have over 3,200 dairy cows, and milk yields increase every year.

            Our dairy farms every year get awards for efficiency: agricultural company Sidabravo ŽŪB was the most efficient milk producer in Lithuania in 2022, and Šakiai District Lukšių ŽŪB  ranked 2nd.

             

            Performance indicators 2017/18 2018/19 2019/20 2020/21 2021/2022 
            Sales in tons 122,699 102,548 116,039 141,466 127,066
            Sales revenue, thousand EUR 31,011 26,238 28,313 33,402 39,133
            Gross profit, thousand EUR 6,194 3,109 5,752 9,047 14,739
            Operating profit, thousand EUR 3,146 3,230 6,358 11,433 15,078

            Note: Financial year starts on July 1st and ends June 30.

             

            Please contact us at:

            AB Linas Agro Group, ISIN code LT0000128092, ticker in AB Nasdaq Vilnius – LNA1L
            Subačiaus St. 5, Vilnius, LT-01302 Lithuania. Phone +370 45 507 303, e-mail group@linasagro.lt  Privacy policy

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