July 27, 2017 5:36 AM ET

Beverages

Company Overview of UAB Kalnapilio - Tauro Grupe

Company Overview

UAB Kalnapilio - Tauro Grupe produces and sells beer in Lithuania. It offers light, strong, and light lager-type beers; light beer with grapefruit juice; and flavored beers. UAB Kalnapilio - Tauro Grupe was formerly known as Kalnapilis UAB and changed its name to UAB Kalnapilio - Tauro Grupe in January 2005. The company was founded in 1918 and is based in Vilnius, Lithuania. UAB Kalnapilio - Tauro Grupe operates as a subsidiary of Royal Unibrew A/S.

Didlaukio st. 69 B

Vilnius,  08300

Lithuania

Founded in 1918

Phone:

370 5 262 7526

Fax:

370 5 212 3754

Key Executives for UAB Kalnapilio - Tauro Grupe

Compensation as of Fiscal Year 2017.

UAB Kalnapilio - Tauro Grupe Key Developments

Kalnapilio-Tauro Grupe Reports Earnings Results for the Three Quarters and Year to Date Ended September 2016

Kalnapilio-Tauro Grupe reported earnings results for the three quarters and year to date ended September 2016. Revenue for the three quarters of 2016 rose by 2% year-on-year to reach EUR 42.5 million. For the year to date, pretax profits for January through September came in at EUR 716,000, down from EUR 2.1 million a year earlier. The company attributed the decline to rising production costs and wages, as well as increased investments in equipment and logistic improvements.

Kalnapilio-Tauro Grupe Reports Earnings and Operating Results for the First Quarter of 2016

Kalnapilio-Tauro Grupe reported earnings results for the first quarter of 2016. The company posted revenues of EUR 10.67 million in the first quarter of 2016, down by 2.3% year-on-year. The company income fell due to poor weather and the new deposit system. For the first three months of 2016, the company sold 23.94 million liters of various beverages, up by 1.6% from the same period last year.

Kalnapilio-Tauro Grupe Reports Earnings and Operating Results for the Year 2015

Kalnapilio-Tauro Grupe reported earnings and operating results for the year 2015. The company posted €52.6 million in revenue, up 3% from €51.1 million in 2014. The company's pretax earnings increased five-fold to €960,000. The group's total beer and non-alcoholic drink sales rose by 13% to 114 million liters. Exports grew by 36% and accounted for 26% of the total sales, up from 22% in 2014.

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