Linas AB - Interim information

Preliminary not audited activity results of twelve months of year 2011 of company AB “Linas” and Group of companies. AB “Linas” not audited consolidated interim information of twelve months of year 2011

Panevezys, Lithuania, 2012-02-28 08:29 CET (GLOBE NEWSWIRE) -- On February 27,
2012 AB “Linas” Board confirmed AB “Linas” consolidated interim financial
reports of twelve months of year 2011 which are not checked by the auditors and
prepared acc.to International financial accountability standards accepted by
EU. 

The sales incomes of AB “Linas” of year 2011 made 33,06 mln Lt (9,57 mln EUR).
On 2010 the sales incomes were 35,05 mln Lt (10,15 mln EUR). Actual sales
incomes of year 2011 in comparison with year 2010 is less in 1,99 mln Lt (0,58
mln EUR) or 5,68%. 

The sales incomes of AB “Linas” Group of companies of year 2011 made 33,75 mln
Lt (9,77 mln EUR). On 2010 the sales incomes were 35,6 mln Lt (10,3 mln Lt).
Actual sales incomes of year 2011 in comparison with year 2010 is less in 1,85
mln Lt (0,535 mln EUR) or 5,2%. 

AB “Linas” profit before taxation of year 2011 is 1,35 mln Lt (0,39 mln EUR)
when on year 2010 profit before taxation made 8,14 mln Lt (2,36 mln EUR). 

AB “Linas” group of companies profit before taxation of year 2011 made 1,35 mln
Lt (0,39 mln EUR) when on year 2010 profit before taxation made 7,94 mln Lt
(2,3 mln EUR). 

The export volumes of AB “Linas” Group of companies on year 2011, like on year
2010, made 88% of all production sales. 

Presenting confirmation of the responsible persons of AB “Linas” and interim
consolidated not audited financial reports of twelve months of year 2011. 


         Director of AB “Linas”
         Martynas Jasinskas
         +370 45 506100

Attachments:

FA2011 12men_ENG.pdf