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Pieno Zvaigzdes sales grew by 17% in H1
BC, Vilnius, 01.09.2014.
Print version
Print versionBased on preliminary unaudited results AB Pieno Zvaigzdes sales over first six months in 2014 accounted to LTL 467.8 million (EUR 135.5 million), 17% higher compare to a year ago, the said in a statement, cites LETA/ELTA.
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Sales resulted over first six months in 2013 were LTL 399.1 million (EUR 115.6 million). Sales increased in both domestic and export markets. Export volumes increased by 21% and domestic sales increased by 13%.
Over the first six months of the year Company's EBITDA accounted to LTL 20.7 million (EUR 6.0 million) and decreased by 20.8% compare with EBITDA of LTL 26.2 million (EUR 7.6 million) a year ago.
Company earned a net profit of LTL 3.6 million (EUR 1.1 million) or 63% less compare with a net profit of LTL 9.9 million (EUR 2.9 million) over same period in 2013.
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