Grigiskes - Interim information

Interim consolidated report of AB „Grigeo Grigiškės“ covering twelve months of 2015

Vilnius, Lithuania, 2016-02-29 11:05 CET (GLOBE NEWSWIRE) -- During the twelve
months of 2015, the Group consisting of AB „Grigeo Grigiškės“, UAB „Grigeo
Baltwood“, AB „Grigeo Klaipėdos kartonas“, PAT „Mena Pak“ and UAB „Grigeo
Recycling“ achieved the consolidate sales turnover of EUR 103.3 million. It is
by EUR 3.8 million or 4% more than during the twelve months of 2014. 

During the same period in question, the Company's sales amounted to EUR 54.1
million, which is by EUR 5.7 million or 12% more than in the same period last
year. 

During the reporting period, the Group earned EUR 8.4 million profit before
taxes, which is by EUR 0.9 million or 13% more than in the same period last
year. 

During the twelve months of 2015, the Company earned EUR 2.9 million profit
before taxes, which is by EUR 0.7 million or 19% less than in the same period
last year. 

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the
Group and Company, if compared with the twelve months of 2014, increased by 15%
and 5%, respectively: during the twelve months of 2015, EBITDA of the Group was
EUR 18.3 million, of the Company EUR 8.4 million. 

The Group and Company achieved planned financial indicators.

More information is provided in the interim consolidated report of AB „Grigeo
Grigiškės“ covering the twelve months of 2015 (see attachments). 


         Gintautas Pangonis
         President of AB „Grigeo Grigiškės“
         (+370-5) 243 58 01

Attachments:

GRI2015yIVq responsible confirmation.pdf

GRI2015yIVq interim report.pdf