{"id":1462,"date":"2026-06-04T00:00:00","date_gmt":"2026-06-04T00:00:00","guid":{"rendered":"https:\/\/plyanalytics.com\/?post_type=news&#038;p=1462"},"modified":"2026-06-15T07:13:57","modified_gmt":"2026-06-15T07:13:57","slug":"publication-13","status":"publish","type":"news","link":"https:\/\/plyanalytics.com\/en\/news\/publication-13\/","title":{"rendered":"Publication"},"content":{"rendered":"\n<p>Verslo \u017dinios featured <a href=\"https:\/\/plymarkets.com\/\"><span style=\"text-decoration: underline;\">PLY Markets<\/span><\/a> insights on the results of two Lithuanian dairy processors, <a href=\"https:\/\/plymarkets.com\/dashboard\/groups\/dabc12d0-2c61-4383-b024-22df7611fb0b\/reports\/b72395f1-efa5-4f43-aef8-c033c2ff6666\"><span style=\"text-decoration: underline;\">Pieno \u017dvaig\u017ed\u0117s<\/span><\/a> and <a href=\"https:\/\/plymarkets.com\/dashboard\/groups\/dabc12d0-2c61-4383-b024-22df7611fb0b\/reports\/d7d2a2d2-eb8b-4504-8a1e-36ad1185d59f\"><span style=\"text-decoration: underline;\">Vilvi Group<\/span><\/a>, in its Baltic stock exchange daily market review.<\/p>\n\n\n\n<p>Insights highlighted in the Verslo \u017einios review:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Vilvi Group continues to trade at a premium, reflecting higher growth expectations, with 11.6x P\/E (23x excluding other operating income) and 16.4x EV\/EBITDA, compared with 9.6x P\/E and 5.9x EV\/EBITDA\u00a0for Pieno \u017evaig\u017ed\u0117s.<\/li>\n\n\n\n<li>Pieno \u017dvaig\u017ed\u0117s quarterly revenue remained stable, but a 10% decline in cost of sales\u00a0lifted gross margin to 27%. Gross profit jumped 43% YoY. Net profit reached \u20ac3.1M, up from just \u20ac0.2M\u00a0a year ago. The result also slightly exceeded the company&#8217;s previous Q1 record of \u20ac2.8M, set in 2023. One negative aspect was the 18% YoY increase in operating expenses.<\/li>\n\n\n\n<li>Vilvi Group reported a 22% YoY increase in revenue, largely due to the consolidation of the canned milk business. Gross margin declined from 10% to 6%, and on top of that, operating expenses climbed 82% YoY.<\/li>\n<\/ul>\n\n\n\n<p>Full PLY Markets comment: <a href=\"https:\/\/plymarkets.com\/blog\/pieno-zvaizdes-2026-q1-outperformed-vilvi-group-in-profitability\"><span style=\"text-decoration: underline;\">Pieno \u017evaig\u017ed\u0117s 2026 Q1 financial review: outperformed Vilvi Group in profitability<\/span><\/a>.<\/p>\n\n\n\n<p>Verslo \u017einios June 1, 2026 review: <a href=\"https:\/\/www.vz.lt\/app\/mano-pinigai\/2026\/06\/01\/baltijos-birza-pieno-zvaigzdziu-rezultatai-isryskino-patrauklesni-iverti-uz-vilvi-group-585574\"><span style=\"text-decoration: underline;\">Baltijos bir\u017ea: \u201ePieno \u017evaig\u017ed\u017ei\u0173\u201c rezultatai i\u0161ry\u0161kino patrauklesn\u012f \u012fvert\u012f u\u017e \u201eVilvi Group\u201c<\/span><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Comparison of Pieno \u017dvaig\u017ed\u0117s and Vilvi Group 2026 Q1 results<\/p>\n","protected":false},"featured_media":1460,"template":"","meta":{"_acf_changed":true,"inline_featured_image":false},"news-category":[38,37],"class_list":["post-1462","news","type-news","status-publish","has-post-thumbnail","hentry","news-category-ply-markets-en","news-category-press-media"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - 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