For 2025, gross profit margin was 27.4%, up 140 basis points from 26% last year. Net income came in at $13.9 million, or $0.91 per basic and $0.89 per diluted common share, compared to $9 million, or $0.61 per basic and $0.60 per diluted common share in the prior year.
The Magnum Ice Cream Co.'s fiscal year 2025 earnings came in 7.9 billion euros (approximately $9.38 million U.S. dollars), +4.2% organic sales growth (OSG) year-on-year, with volume growth +1.5% and price growth +2.6%. Operating Profit was 599 million euros, (approximately $711 million U.S. dollars).
Lifeway Foods posted net sales of $57.1 million, record financial results for the third quarter ended Sept. 30. This is up 24% year-over-year and approximately 29% on a comparable basis, the highest revenue for a quarter in the company's 40 years.
Net sales were $46.1 million for the third quarter ended September 30, 2024, an increase of $5.2 million or 12.7% from the same period in 2023. The net sales increase was primarily driven by higher volumes of our branded drinkable kefir.
Organic Valley reported 2011 sales increased 15.3% to $715 million, a record. At its annual meeting in La Crosse, Wis., last week, the La Farge, Wis.-based farmer-owned cooperative said in 2011 212 new farmers joined the co-op, it increased farmer pay price and donated more than $2.2 million to nonprofit organizations dedicated to advancing organic food and farming.
