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Wednesday, April 24, 2024

Mlinotest reports slightly higher revenue and profit

By: D.F., STA

Bread and pasta company Mlinotest saw its revenue and profit increase slightly last year to EUR 60 million and EUR 1.9 million.

Due to the Covid-19 pandemic, revenue from freshly-baked products, such as bread and confectionery, dropped significantly, which was offset by increased sales of flour and pasta, Mlinotest chairman Danilo Kobal told the STA. Despite uncertainties, the Ajdovčina-based company plans to modernise and increase production capacity for pasta this year.

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