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            Farming

            Farming covers the cultivation of cereals, oilseed rape, sugar beet and other crops, 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 18.2 thousand hectares of land, from which 5,923 ha area is own. We have over 3,200 dairy cows, and milk yields increase every year.

            Agricultural company Šakiai District Lukšių ŽŪB has been the most efficient milk producer in Lithuania for a number of years, and Sidabravo ŽŪB is ranked 2nd (2021 data).

            Agricultural companies produced and sold 61 thousand tons of agricultural commodities and over 16 thousand tons of raw milk in H1 of FY 2021/22, meat sales totaled 652 tons of live weight.

            Performance indicators 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 H1
            Sales in tons 107,875 122,699 102,548 116,039 141,466 78 472
            Sales revenue, thousand EUR 26,815 31,011 26,238 28,313 33,402 20 860
            Gross profit, thousand EUR 6,450 6,194 3,109 5,752 9,047 (459)
            Operating profit, thousand EUR 3,329 3,146 3,230 6,358 11,433 (923)

            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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