Agromino: net loss of € 6.3 million
12 December 2018
Agromino, an agroholding with operations in Ukraine, Russia and Estonia, reported a net loss of € 6.3 million for January-September 2018, reversing its year-ago net profit of €6.6 million for the same period. The revenue slid 29% to € 16.9 million. EBITDA came in at a loss of €4.3 million versus a positive EBITDA of € 7.2 million in the year-earlier period. Thus far, Agromino’s farmland area in Ukraine equals 44,500 hectares.