Increased AKO1L (Akola Group) position by 40% ahead of FY 2024-2025 earnings. Too bad I was busy to absorb stellar Q2-Q3 reports in time, price ran away quite a bit.
Few comments why:
-Q2, Q3 profit drivers were poultry and raw milk. Chicken pox in Poland, supply constraints after market downturn forced some players out, and prices, that kept rising throughout Q4 (end June 30)
-wholesale electricity prices were more muted in Q4, with highly windy June In Baltics
-Alytus factory in Q3 was still undergoing machinery calibration with revenue ramping under pressure and added cost, both of which should be gone by Q4 (according to CFO)
-although raw milk prices are on decline, they are still +30% YoY for July in Lithuania
-revised EBITDA guidance for FY from 70-90 -> 80-100M EUR
Too much hastle nowadays to attach pics on nostr, besides I don't even know if note is saved on any relay anyway.
ref:
X (formerly Twitter)
Generalist Lab (@Generalist_Lab) on X
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Increased AKO1L (Akola Group) position by 40% ahead of FY 2024-2025 earnings. Too bad I was busy to absorb stellar Q2-Q3 reports in time, price...