Milkiland

Milkiland is a diversified dairy producer operating in Ukraine, Russia and Poland. The company operates 10 dairy plants in Ukraine with total raw milk processing capacity of 970 kt p.a., two plants in Russia (211 kt p.a.), and a subsidiary in Poland (185 kt p.a.). Milkiland is the 4th largest dairy producer in the CIS in terms of capacity and revenues after Danone-Unimilk, WBD and Vamin.

Shareholders Structure

SUMMARY

Market Price ($) 0.091
Market Cap ($m) 3
Enterprise Value ($m) 101
Shares Outstanding 31,250,000
Code MLK PW

Recommendations

FV ($) ****
Upside (%) ****
Recommendation ****
Indicator 2016 2017 2018 2019E 2020F
Sales ($m) 162 159 *** *** ***
EBITDA ($m) 6 12 *** *** ***
Net Income ($m) (43) (8) *** *** ***
Net Debt ($m) 107 102 *** *** ***
Indicator 2016 2017 2018 2019E 2020F
P/E neg. neg. *** *** ***
P/Sales 0.02 0.02 *** *** ***
EV/EBITDA 18.2 9.1 *** *** ***
P/Book 0.39 0.18 *** *** ***

Company Peers

Latest news about Milkiland

Dec 02, 2019
| Dairy

Milkiland — Debt assigned to new lender

WSE-listed dairy producer Milkiland announced the signing of an assignment agreement between Raiffeisen Bank International and AO Raiffeisenbank (Existing Lender) and Swestal Holding (New Lender), which took effect on Nov. 18. According to the agreement, the Existing Lender assigned to the New Lender all its rights under the loan agreement with UniCredit Bank Austria AG and AO Raiffeisenbank dated Dec. 16, 2011. The New Lender also undertook the Existing Lender’s commitment, comprising as of the date of the assignment agreement $29.3m of principal under tranche B, and all of the Existing Lender’s rights, interest and liabilities under the facility agreement and related finance documents under this agreement.
Nov 19, 2019
| Food & Agriculture

Milkiland — Reports weak 9M19 financial results

WSE-listed dairy producer Milkiland reported 3Q19 net sales of $34m (-10% y-o-y), EBITDA of $0.2m (-86%) and net loss of $4.6m (vs. $13m loss in 3Q18), booking an EBITDA margin of 0.4% (-2.5pp y-o-y).
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