Milkiland Announces Earnings Report for the First Half of 2014
in first half of 2014, the group's EUR-denominated revenue decreased c. 1% year-on-year to EUR 149.8 million, despite better sales in segments. This decrease, as well as the retaining pressure on margins because of the higher raw milk prices also contributed to a decline in the group's EBITDA in first half of 2014 by 15% year-on-year.