Russian food and beverage firm Lebedyansky has seen first-quarter profits tumble by 84% as it prepares for a shareholder vote on plans to split the business in two.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Lebedyansky, which makes baby food and mineral water for the Russian market, is also the country’s largest juice manufacturer.


The company posted an 84% slump in operating profit to US$5.5m due to higher raw material and packaging costs, as well as increased spending on advertising.


Revenue was up 17% to $245.3m as sales of baby food, water and juice all rose.


The results come as Lebedyansky gets ready for the proposed spin off of its baby food and water operations.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

In March, PepsiCo announced that it and one of its bottlers, Pepsi Bottling Group, had signed a deal to jointly acquire a 75.53% stake in Lebedyansky’s juice business.


Next Monday (16 June), shareholders will vote on plans to separate and spin off the company’s baby food and mineral water operations.

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now