Russia’s largest dairy holding EkoNiva Group presents audited consolidated financial results according to IFRS for 2025.

In 2025, the Group’s sales revenue increased by 14% and exceeded 103 billion rubles. The key driver of its growth remains raw milk production. Over the reporting period, the Group ramped up raw milk output by 7% year on year in physical weight to 1.45 million tonnes and by 11% in fat- and protein-adjusted weight (fat: 3.7%, protein: 3.2%) to 1.6 million tonnes. The milk yield per dairy cow over the reporting period amounted to 33.1 kg in physical weight (2024: 31.7 kg) and 36.5 kg in fat- and protein-adjusted weight (2024: 33.8 kg).

In spite of market volatility, the Group demonstrated excellent results and continued to strengthen its position as industry leader. EkoNiva Group’s comprehensive income over the reporting period reached 117 billion rubles, up 19% on previous year.

Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) for 2025 grew by 27% to 30.9 billion rubles. The net debt to EBITDA ratio as per 31 December 2025 decreased to 2.9 against 3.7 as per the same date in 2024.

Based on the results of 2025, the Group received 5.9 billion rubles of net profit. As compared to 2024, it reduced by 34% due to increased financial expenses as a result of changes in the regulations concerning subsidizing of the investment loans granted for the construction of dairy farms as well as higher HR costs.

‘The results of 2025 validate our chosen strategy. We have reached the 100-billion-ruble milestone in revenue, an important accomplishment for the entire EkoNiva team. In spite of turbulence in the dairy market, our team is going to continue efficient and productive work to reach new heights’, commented Stefan Dürr, EkoNiva Group President on the company’s operating results over 2025.