Pieno Zvaigzdes AB - Interim information

Pieno zvaigzdes AB, not audited financial results for the first three months of 2012

Vilnius, Lithuania, 2012-05-30 16:03 CEST (GLOBE NEWSWIRE) -- Based on
preliminary unaudited results Company‘s sales over three months in 2012
accounted to LTL 157.9 million (EUR 45.7 million), 4.5% lower compare to a year
ago. Sales resulted over three months in 2011 were LTL 165.3 million (EUR 47.9
million). Decrease of demand in export market had the major impact on Company's
sales decrease in 2012. Export volumes decreased by 9% and generated proceeds
of LTL 79.7 million (EUR 23.1 million) compared to LTL 87.5 million (EUR 25.3
million) a year ago and accounted to 50.5% of total proceeds over the period. 



Over the three months of the year Company's EBITDA accounted to LTL 13.8
million (EUR 4.0 million) and decreased by 19% compare with EBITDA of LTL 17.1
million (EUR 4.9 million) a year ago. The Company earned a net profit of LTL
4.3 million (EUR 1.2 million) or 35% less compared to a net profit of LTL 6.7
million (EUR 1.9 million) over same period in 2011. 



Audrius Statulevicius

CFO

(+370 5)246 1419

Attachments:

2012_1q_PZ_report_OMX_en.pdf