2014-02-28 15:00:00 CET

2014-02-28 15:00:04 CET


REGULATED INFORMATION

Lithuanian English
Pieno Zvaigzdes AB - Interim information

Pieno zvaigzdes AB, not audited financial results for the year 2013


Vilnius, Lithuania, 2014-02-28 15:00 CET (GLOBE NEWSWIRE) -- Based on
preliminary unaudited results Company‘s sales over year 2013 accounted to LTL
759.4 million (EUR 219.9 million) or 1.3% less compare to a year ago. Sales
resulted in 2012 were LTL 769.0million (EUR 222.7 million). Sales increased in
domestic market domestic by 4% and decreased in export markets by 6% 

Over the year 2013 Company's EBITDA accounted to LTL 42.5 million (EUR 12.3
million) and decreased by 39% compare with EBITDA of LTL 70.1 million (EUR 20.3
million) a year ago. 

Company earned a net profit of LTL 9.9 million (EUR 2.9 million) or 66% less
compare with a net profit of LTL 29.0 million (EUR 8.4 million) in 2012. 

Company did not achieve initially forecast results for the year 2013 due to
Lithuanian dairy production import restrictions to Russian Federation in last
quarter of 2013. 



Audrius Statulevicius

CFO

(+370 5)246 1419