PrJSC Lantmannen Axa (Kyiv region) in 2017 received UAH 20.5 million of net profit, which is 6.6 times more than a year earlier.
According to the company’s announcement of holding an annual shareholders’ meeting on April 20, its assets last year increased by 7.5%, to UAH 211.36 million, total debtor indebtedness by 24.5%, to UAH 90.5 million.
Long-term liabilities amounted to UAH 102.95 million.
According to the report, 5% of net profit will be used to form reserves, UAH 19.47 million to ensure the statutory activities of the company.
Lantmannen Axa is a subsidiary of the Scandinavian Lantmannen, which works in four business sectors, namely food, machinery, grain trading, and energy. The main production sites of Lantmannen are located in the EU.
In Ukraine the company sells flakes and muesli under the trademarks AXA and START, as well as AXA bars, ready-made breakfasts Masha ta Vedmіd, and Finn Crisp crispbread.
