Ehrmann

Performance indicators

2024: Revenue growth of 17.4% to ₽34,15 billion

Ehrmann LLC, the Russian division of the German dairy concern Ehrmann, increased revenue in 2024 by 17.4% to ₽34,152 billion compared to ₽29,094 billion in 2023. At the same time, the company's net profit decreased by 2.5% and amounted to ₽3,03 billion against ₽3,098 billion a year earlier in 2023. Such data are recorded in the financial statements published in April 2025.

According to Interfax, profit from sales of Ehrmann LLC in 2024 decreased by 3.6% to ₽3,503 billion compared to ₽3,632 billion in 2023. The second subsidiary of the concern, Ehrmann Stupino LLC (formerly Campina), showed positive dynamics in all major financial indicators: revenue increased by 15.8% to ₽8,883 billion, sales profit increased by 4.6% to ₽347,3 million, and net profit increased by 6.7% to ₽293,075 million.

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Фото: Freepik

Despite the growth in revenue, the Russian divisions of Ehrmann reduced the payment of dividends in 2024 by 7.7% to ₽204 million compared to ₽220,928 million a year earlier. Both Ehrmann LLC and Ehrmann Stupino LLC paid ₽102 million dividends each, which is less than in 2023, when these amounts amounted to ₽110,427 million and ₽110,501 million, respectively.

The German concern Ehrmann has been operating in the Russian dairy market since 1994. In 2000, the company launched its own production in the Ramensky district of the Moscow region. The company produces yogurt and yogurt products under the brands "Ermigurt," Epica, "Uslada" and others.

In 2021, Ehrmann expanded its presence in the Russian market, becoming the owner of the FrieslandCampina business in Russia. From September 2021, Ehrmann SE owns 100% of the shares of Kampina LLC. In 2023, the company was renamed "Ehrmann Stupino." This facility produces Fruttis yoghurt products, "Tender," Landliebe yoghurts, Friso baby formula, serving milk and Campina coffee cream.^[1]

History

2021: Purchase of yogurt maker Campina LLC

At the end of May 2021, FrieslandCampina announced the sale of its Russian division] Campina LLC to Ehrmann. The financial terms of the transaction, which is planned to be closed at the end of June 2021, were not disclosed. Read more here.

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