2013-08-30 13:09:22 CEST

2013-08-30 13:10:30 CEST


REGULATED INFORMATION

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Grigiskes AB - Interim information

The interim consolidated report of GRIGISKES AB covering the six months of 2013 and endorsement of the responsible persons 


Vilnius, Lithuania, 2013-08-30 13:09 CEST (GLOBE NEWSWIRE) -- 

 As it was published on 23rd of July, 2013, during the 1st half of 2013, the
Group consisting of GRIGISKES AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak
PAT, and Klaipeda recycling UAB achieved the consolidate sales turnover of LTL
156.4 million (EUR 45.3 million). It is LTL 11.8 million (EUR 3.4 million) or
8% more than during the 1st half in 2012. 

During the same period in question, the Company's sales amounted to LTL 67.9
million (EUR 19.7 million), which is LTL 16.1 million (EUR 4.7 million) or 31%
more than in the same period last year. 

During the reporting period, the Group earned LTL 4.6 million (EUR 1.4 million)
profit before taxes, which is LTL 0.4 million (EUR 0.1 million) or 8% more than
in the 1st half of 2012. 

In the 1st half of 2013, the Company earned LTL 3.1 million (EUR 0.9 million)
profit before taxes. 

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the
Group and Company, if compared with the 1st half of 2012, increased by 14% and
10%, respectively: in the 1st half of 2013, EBITDA of the Group was LTL 18.5
million (EUR 5.4 million), of the Company LTL 10.7 million (EUR 3.1 million). 

More information is provided in the interim consolidated report of GRIGISKES AB
covering the six months of 2013 with endorsement of the responsible persons
(see attachments). 




         Gintautas Pangonis
         President of GRIGISKES AB
         (+370-5) 243 58 01