AB Akola Group

Food & Beverage · Lithuania · 5K - 10K Employees

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Overview

Headquarters

5 Subačiaus Gatvė, Vilnius, Vilniaus Aps...

Revenue

$1.8 Billion

Stock Symbol

AKO1L

Industry

Food & Beverage Crops Agriculture Pet Products Manufacturing
ZI Rank: 1
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ZI Rank
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About AB Akola Group

Akola group is one of the largest agricultural and food production groups in the Baltic States, encompassing the entire food product value chain from field to table. The company partners with farmers, providing goods and expert consultations, and is involved in the production of healthy grain products and poultry. Additionally, Akola group operates seven agricultural companies in Lithuania and offers a range of services including pet food production and pest control. With over 60 companies under its umbrella, Akola group is committed to sustainability and responsible farming practices.Explore more
AB Akola Group's Social MediaPopular SearchesAB Akola GroupAkola GroupSIC Code 01,011NAICS Code 11,111Ticker VSE: AKO1LShow more

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Company Profile Activity

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Activity Insights

AB Akola Group is experiencing very low activity levels compared to other companies in the Manufacturing sector.

What does this means?

AB Akola Group is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about AB Akola Group.

AB Akola Group Tech Stack

A closer look at the technologies used by AB Akola Group

Most Recent Scoops

Earnings
AB Akola Group has reported gross profit of EUR 87 million in its poultry operations for the current financial year, up from EUR 69 million in the prior year, driven by stable sales volumes, slightly higher prices, and growing consumer demand for poultry as a protein source.
Earnings, Food & Beverage, Finance
Earnings
AB Akola Group has reported lower volumes and gross profit in its Grains and Oil Seeds Trade segment for the current financial year, citing insufficient grain quantities in Latvia, a deflationary pricing environment, lower grain quality, and reduced market premiums due to ample supply.
Earnings, Finance
Earnings
AB Akola Group has reported a revenue decline of 4.4% for the current financial year, reflecting both lower volumes and lower commodity prices in a deflationary environment, with Partners for Farmers accounting for 69% of revenue and food contributing approximately 30%.
Earnings, Food & Beverage, Finance
Earnings
AB Akola Group has reported that its Partners for Farmers segment generated revenue of approximately EUR 1 billion for the current financial year, down from EUR 1.15 billion in the prior year, reflecting both lower volumes and lower commodity prices.
Earnings, Finance
Earnings
Earnings, Finance
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AB Akola Group News & Media

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Frequently Asked Questions Regarding AB Akola Group

What is AB Akola Group's stock symbol?
AB Akola Group's stock symbol is AKO1L
What is AB Akola Group's official website?
AB Akola Group's official website is www.akolagroup.lt
What is AB Akola Group's Revenue?
AB Akola Group's revenue is $1.8 Billion
What is AB Akola Group's SIC code?
AB Akola Group's SIC: 01,011
What is AB Akola Group's NAICS code?
AB Akola Group's NAICS: 11,111
How many employees does AB Akola Group have?
AB Akola Group has 5K - 10K employees
What industry does AB Akola Group belong to?
AB Akola Group is in the industry of: Food & Beverage, Crops, Agriculture
What technology does AB Akola Group use?
Some of the popular technologies that AB Akola Group uses are: Microsoft 365, Microsoft Excel
What does AB Akola Group do?

Akola group is one of the largest agricultural and food production groups in the Baltic States, encompassing the entire food product value chain from field to table. The company partners with farmers, providing goods and expert consultations, and is involved in the production of healthy grain products and poultry. Additionally, Akola group operates... seven agricultural companies in Lithuania and offers a range of services including pet food production and pest control. With over 60 companies under its umbrella, Akola group is committed to sustainability and responsible farming practices.Read More

What are AB Akola Group social media links?
AB Akola Group Linkedin page
Is AB Akola Group a public company?
Yes, AB Akola Group is a public company and is traded under the symbol AKO1L
See more information about AB Akola Group

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