Malt producer Slavutsky Malt Plant PJSC (Krupets, Khmelnytsky region), a member of the international agro-industrial group Soufflet, cut its net profit by 2.2 times last year to UAH 175.23 million.
According to the company’s publication in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), the shareholders at the remote general meeting on April 18 intend to use the profit for the company’s development and replenishment of working capital, and not to accrue or pay dividends based on the results of financial and economic activities in 2024.
In addition, the shareholders are to hear and approve the report of the management and the audit committee for 2024. They also plan to give their consent to enter into significant transactions for the purchase of barley in the amount of UAH 2.4 million and the sale of malt and barley in the amount not exceeding UAH 3.1 million, the purchase of natural gas in the amount of UAH 300 million and electricity in the amount of UAH 192 million. At the same time, the CEO will be authorized to extend the loan agreement for UAH 2.4 million for a period of one year, according to the published information.
The general meeting will approve decisions for 2022 to elect Thierry Blandinier as chairman of the supervisory board, replace Roman Bilyi with Ivan Tukureiev, and terminate the powers of Stefan Payar.
According to the Opendatabot service, in 2024, Slavuta Malt Plant PJSC reduced its revenue by 24.7% to UAH 1.259 billion and its debt obligations by 2.4 times to UAH 52.522 million. At the same time, the company’s assets increased by 9.4% to UAH 1.169 billion, and the number of employees decreased by 6 people to 77.
Slavuta Malt Plant is owned by International Malt Company JSC, founded by Compaginie Internationale de Malteries (France), a company created by the merger of Soufflet Group and the French agricultural cooperative Invivo.
Soufflet Group is one of the world’s largest malt producers, with 28 malt plants in Europe, Asia and South America. It is the largest flour producer in France and produces bread and confectionery in France and Portugal. It operates on the international grain market through its Soufflet Negoce trading division.
Malt producer Slavutsky Malt Plant PJSC (Krupets, Khmelnytsky region), a member of the international agro-industrial group Soufflet, increased its net profit by 4 times in 2023 compared to 2022 – up to UAH 388.57 million.
According to the company’s report in the information disclosure system of the National Securities and Stock Market Commission (NSSMC), its revenue for the year increased by 15.3% to UAH 1.671 billion, assets – by 3.7 times to UAH 1.073 billion, and total debt obligations decreased by 2.7 times to UAH 128.915 million.
At the same time, the company increased the number of employees by five to 83.
According to the report, at the annual shareholders’ meeting on April 19, shareholders will be proposed to use the profit to develop the company and replenish working capital, and not to accrue or pay dividends based on the results of financial and economic activities for 2023.
Slavuta Malt Plant is owned by International Malt Company JSC, which was founded by Compaginie Internationale de Malteries (France), a company created by the merger of Soufflet Group and the French agricultural cooperative Invivo.
Soufflet Group, one of the world’s largest malt producers, has 28 malt plants in Europe, Asia and South America. The company is the largest flour producer in France, produces bread and confectionery in France and Portugal, and operates on the international grain market through its trading division Soufflet Negoce.
