Ukrproduct suspends operations at one Ukraine facility

1st Mar 2022 15:00

(Sharecast News) - Ukrainian dairy foods and beverages producer Ukrproduct said on Tuesday that it expects to take a financial hit from the impact of the Russian invasion, and that it has temporarily suspended operations at its Zhytomyr plant in light of nearby Russian military activity.

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UKRproduct Group's shares dip amid 'uncertainty' over continuing operations

27th Jun 2019 08:57

(Sharecast News) - UKRproduct Group's shares dropped on Thursday after it cautioned of "significant uncertainty" over its ability to continue operations as it struggles to achieve profitability even as it remained in breach of certain terms on a loan covenant.

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Ukrproduct focuses on cash in struggling Ukraine economy

27th Jan 2017 16:24

(ShareCast News) - Ukrainian dairy product producer and distributor Ukrproduct Group posted a trading update for the year to 31 December on Friday. The AIM-traded company said during the year, it continued to face the headwinds induced by the political situation and the Ukrainian economy. Currency

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Ukrproduct faces H1 losses amid currency and political woe

1st Aug 2014 16:21

Ukrainian dairy producer Ukrproduct Group warned it would fall into the red in the first half due to currency headwinds and the country's political unrest. Ukrproduct, which makes branded dairy foods and drinks, said a devaluation of the Ukrainian hryvna had increased the cost of imports, although

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Sector movers: Consumer staples making gains

8th Apr 2014 15:16

Consumer staples stocks were among the best performers on Tuesday in London with tobacco, food and beverage stocks leading the advance. Cigarettes and tobacco giant British American Tobacco was among the best performers on the FTSE 100 in afternoon trade, up 1.8%, along with cosmetics and food grou

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Monday broker round-up UPDATE

29th Apr 2013 08:17

Afren: Liberum Capital shifts target price from 130p to 136p and maintains a hold recommendation. AngloAmerican: Nomura upgrades from reduce to neutral with a target price of 1700p. Antofagasta: Nomura cuts target price from 1250p to 1200p, while its neutral rating remains unchanged. Investec redu

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Hard cheese for Ukrproduct Group

13th Jul 2012 12:45

Ukrproduct Group, a producer and distributor of branded dairy products in the Ukraine, has warned that its half year results were affected by a ban on hard cheese exports to Russia. However, progress in other divisions and a very high fuel inflation has ensured the company is confident of a gross p

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UKR expects profit growth

14th Dec 2010 18:23

Ukrainian diary products supplier UKR says that its 2010 profit will be at the lower end of market expectations and it may have to pay more tax than previously. AIM-quoted UKR still expects to report an improvement in profit on sales that will be in line with the year before. The second half profi

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Ukrproduct: 5-Mos Domestic Processed Cheese Prices Down 15%

14th Jul 2010 16:08

LONDON (Dow Jones)--Ukrproduct Group Ltd (UKR.LN), a producer and distributor of branded dairy products in Ukraine, said Wednesday that during the first five months of 2010, domestic processed cheese prices have declined by 15% on average from January 2010 and have reached July 2009 levels, driven b

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Ukrproduct Resumes Hard Cheese Production At Starokonstantinovskiy

29th Jun 2010 11:06

LONDON (Dow Jones)--Ukrproduct Group Ltd (UKR.LN), a producer and distributor of branded dairy products in Ukraine, said Tuesday that it has resumed the production of hard cheese at the Starokonstantinovskiy Dairy Plant. MAIN FACTS: -Given favorable pricing and the wide availability of raw m

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Ukrproduct shares slump as downturn hits dairy sales

24th Jun 2009 10:15

Shares in dairy products supplier Ukrproduct fell sharply after it said weakness in its home market Ukraine had resulted in declining sales of branded products. The firm said that, while the first quarter of the year is traditionally weak, trading did not recover in April and May, meaning that net

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