2011-11-30 17:25:39 CET

2011-11-30 17:26:42 CET


REGULATED INFORMATION

Lithuanian English
City Service AB - Interim information

City Service consolidated results for the nine months of 2011 


City Service announces its unaudited Consolidated Interim Financial Statements
for the nine months of 2011, prepared according to International Financial
Reporting Standards. 

The total consolidated City Service revenue for the nine months of 2011 was LTL
380 million (EUR 110 million), including LTL 232 million in foreign markets.
This makes a 2 % decrease over the total revenue of LTL 389 million (EUR 112.5
million) for the nine months of 2010. 

Net profit for the period amounted to LTL 17.3 million (EUR 5 million), an
increase by 13 % over LTL 15.4 million (EUR 4.5 million) a year ago. EBITDA for
nine months of 2011 was LTL 28.2 million (EUR 8.2 million), an increase by 10 %
over LTL 25.7 million (EUR 7.5 million) a year ago. 

Net profit for the nine months of 2011 was influenced by foreign currency
exchange loss of LTL 891 thousand. In 2010, foreign currency exchange gain
reached LTL 596 thousand. 

City Service group operates in Lithuania, Russia, Latvia and Ukraine, with 20
million square meters of facilities under management of Group's companies. 

                         Sales (mln.   EBITDA (mln.  EBIT (mln.   Net profit    
                          LTL)          LTL)          LTL)         (mln. LTL)   
--------------------------------------------------------------------------------
2010                        541.8          35.7         24.7           25.5     
--------------------------------------------------------------------------------
2011 3rd quarter            380.0          28.2         19.1           17.3     
--------------------------------------------------------------------------------
2011 forecast               558.0          50.0         33.4           27.1     
--------------------------------------------------------------------------------
Comparative                  0.39          4.32         6.47           7.97     
 Capitalization Ratios*                                                         
--------------------------------------------------------------------------------

   * AB City Service market capitalization as of 30 November 2011 to forecasted
for 2011 sales, EBITDA, EBIT and net profit in each column accordingly. 



ENCLUDING: AB City Service Interim Consolidated Financial Statements for the
nine months of 2011 (in LTL). 


         Vilius Mackonis,
         Public relations manager
         +370 5 239 4900