Companies

Milkiland (MLK PW)

Business Profile

Milkiland is a diversified dairy producer operating in Russia and Ukraine. The company operates 10 dairy plants in Ukraine with total raw milk processing capacity of 935 kt p.a. and the Ostankino dairy plant in Russia with 175 kt p.a. capacity. Milkiland is the fourth largest dairy producer in the CIS in terms of capacity and revenues after Danone-Unimilk, WBD and Vamin.

Financial Summary

Indicator200920102011E2012E2013F
Sales ($m)279343************
EBITDA ($m)4259************
Net Income ($m)1129************
Net Debt ($m)12456************

Valuation Summary

Indicator200920102011E2012E2013F
P/E12.54.9************
P/Sales0.510.42************
EV/EBITDA6.43.4************
P/Book1.980.87************
Prices are quoted in UAH.


*Data available to Dragon Capital's institutional clients only.