2011-02-28 17:00:00 CET

2011-02-28 17:00:06 CET


REGLAMENTUOJAMA INFORMACIJA

Stumbras AB - Interim information

Result and interim financial report for the year 2010



Preliminary unaudited Stumbras AB profit before taxes in the year 2010 subsided
to LTL 19.24 million (EUR 5.57 million). Profit before taxes decreased by 30.4
% compared to LTL 27.65 million (EUR 8.01 million) in pre-tax profit during the
year of 2009. 

Stumbras AB sales in the year of 2010 amounted to LTL 100.34 million (EUR 29.06
million). Production sales decreased by 15.7 % compared to LTL 119.07 million
(EUR 34.49 million) in sales during the year of 2009. 

During 2010, Stumbras AB paid LTL 183 million in taxes to the Lithuanian state
budget (LTL 255 million in 2009). 

According to Česlovas Matulevičius, General manager of Stumbras, during the
year of 2010, company paid great attention to modernization and renewment of
its production base, material equipment and main product lines. 

In the end of 2010, with investments of around LTL 4,8 million, Stumbras
renewed its “999” bitters product line. „999“ family packaging design was
entrusted to internationally known British agency „Claessens International“.
The agency is specializing in alcoholic and non-alcoholic beverages brand
consulting and design industry for 25 years. 

In 2010, Stumbras also invested in culture projects. In July, record-size
layout to commemorate the 600 the Anniversary of Žalgiris Battle was created in
the Lithuanian national museum. The layout was developed by joint initiative of
the Institute of Lithuanian History and Stumbras AB. 

Enclosed:

- company's preliminary unaudited financial statements for 12 months of 2010;

- confirmation of persons responsible for the financial statements

Justas Rameika

Investor relations

+370 5 2786 218

2010_Q4_EN.pdf