Milkiland NV reported earnings results for the first quarter of 2014. Revenues grew by 9% to EUR 77.3 million on account of Russian and polish division, while ukrainian segment posted some decline. EBITDA decreased from EUR 6.6 million to EUR 5.2 million, as a result of significant decrease in other operating income from EUR 3.7 million to EUR 0.6 million.

Net loss was EUR 24.6 million.