Profits rise for Food Union Group Food Union Group, the international dairy and ice cream production and distributing group, has published its annual results for the year ending December 31, 2020. The Baltics-based company saw sales of €294m ($350.6m), representing 6% growth compared to 2019. Group EBITDA grew by more than a half reaching €46m ($54.9m), and profits quadrupled from €2m ($2.4m) to €8m ($9.5m). The company said the result was underpinned by a focused ‘home advantage’ market strategy igniting strong local brands with innovation. It was further solidified by investments in production capacity, automatization and digitization in 2019. Normunds Staņēvičs, CEO of Food Union Europe, said,