2013-07-02 07:29:59 CEST

2013-07-02 07:30:59 CEST


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Linas Agro Group AB - Other information

AB Linas Agro Group received Exporter of the Year Award


Vilnius, Lithuania, 2013-07-02 07:29 CEST (GLOBE NEWSWIRE) -- AB Linas Agro
Group was announced the Exporter of the Year at Lithuanian Business Leaders
Awards ceremony organized by business newspaper “Verslo žinios” and Nordea
Bank. The award "Exporter of the Year" was presented and the nominees were
offered by non-profit entrepreneurship promoting agency VšĮ “Versli Lietuva”. 

The company's trading unaudited consolidated revenue (the financial year of the
company starts in July), in 2012 amounted to LTL 1,592 billion. Exports revenue
was LTL 488 million. Exports of the company grew by 69% in 2012 compared to
2010. 

About AB Linas Agro Group

AB Linas Agro Group is an agribusiness parent company engaged in the production
and trade of grains, oilseeds, feedstuff and agricultural inputs. It controls
companies in Lithuania, Latvia, Estonia and Denmark. The group consists of
international agricultural production trading company in Lithuania AB Linas
Agro, grain storage company UAB Linas Agro Grūdų centras KŪB (controlling grain
storages in Joniškis, Kėdainiai, Kupiškis, Pasvalys, Šakiai district, Šiauliai
and Vilkaviškis), Latvian trading company SIA Linas Agro, international trading
company Linas Agro A/S in Denmark, group of companies ŽŪB Landvesta, managing
agricultural land, holding of agricultural companies UAB Linas Agro
Konsultacijos, agricultural inputs supplier UAB Dotnuvos Projektai, operator of
lignin biofuel accumulation UAB Lignineko, logistic company UAB Jungtinė
Ekspedicija and other companies. The financial year of the companies begins on
1 July. The total headcount of the Group exceeds 970 employees. Consolidated
revenue of AB Linas Agro Group for nine months of financial year 2012/2013
totaled LTL 1,658 million, EBITDA - LTL 116 million. 

Together with partners, the Group owns grain storage company Karčemos
Kooperatinė Bendrovė. 
From 17 February 2010 AB Linas Agro Group is included in the main list of
companies of NASDAQ OMX Vilnius stock exchange. 


More information:
Chief Financial Officer
Tomas Tumenas
Ph. +370 45 507 393
E-mail t.tumenas@linasagro.lt