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International Internet Magazine. Baltic States news & analytics Wednesday, 24.04.2024, 20:47

In 8 months, Lithuania's Grigiskes earns EUR 5.1 mln more y-o-y

BC, Vilnius, 17.09.2014.Print version
According to pre-audited data during the eight months of 2014, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos Kartonas AB, Mena Pak PAT, and Klaipeda Recycling UAB achieved the consolidate sales turnover of LTL 232.3 million (EUR 67.3 million). It is LTL 17.5 million (EUR 5.1 million) or 8.1% more than during the eight months in 2013, the group reported LETA/ELTA.

During the same period in question, the company's sales amounted to LTL 109.5 million (EUR 31.7 million), which is LTL 14.4 million (EUR 4.2 million) or 15.1% more than in the same period last year.

 

During this period, profit before taxes of the Group amounted to LTL 14.6 million (EUR 4.2 million) and the company's to LTL 6.2 million (EUR 1.8 million). It is accordingly by 58.7% and 21.6% more that in the eight months of the past year.

 

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and company, if compared with the eight months of 2013, increased by 30.2% and 15.6%, respectively: during the eight months of 2014, EBITDA of the Group was LTL 36.2 million (EUR 10.5 million), of the Company LTL 17.8 million (EUR 5.2 million).





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