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Industry News & Trends / Business & Markets / Egg Production / Europe
on April 11, 2018

Avangardo losses narrow eightfold in 2017

Meaningful improvement witnessed in the fourth quarter for struggling Ukrainian egg company

Avangardco, the Ukraine’s leading egg producer, saw its losses narrow during 2017, the company recently reported.

The company reported a net loss of US$7.5 million, down eightfold from the net loss of US$56.6 million for 2016.

“Whilst we saw some improvement in Avangardo’s performance towards the end of 2017…

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