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Kalle Margus

Business media and news feed
dairy industry, manufacture of milk and milk products, the Food Industry

VAO AGRO OÜ's activity report 2022

Summary of economic results: The year 2022 surprised us in many different ways. Although many important cost items for us increased against the background of what is happening in the world, the milk price also exceeded expectations and the income from milk sales covered the expenses made. In 2023, we expect the milk price to start moving downwards. However, we also hope that energy and other cost items will gradually start to decrease. The profit for 2022 exceeded the previous year's profit by nearly 1.5 million € (2022: 1 712 075 €; 2021: 254 686 €). Sales revenue increased by 59.2% in

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