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2009-05-27 14:37:14 CEST 2009-05-27 14:38:17 CEST REGULATED INFORMATION Utenos Trikotazas AB - Interim informationResults of activity and interim consolidated financial statements for the three months of 2009According to non-audited consolidated data, during the 1st quarter of the year 2009 Utenos Trikotažas AB earned LTL 1.3 million (EUR 0.4 million) of pre-tax profit. During the same period in the last year the Group experienced LTL 1.9 million (0.6 mln.EUR) of pre-tax loss. During the 1st quarter of the current year the non-audited consolidated sales of the Company amounted to LTL 20.4 million (EUR 5.9 million). Comparing to the same period of the year 2008 the consolidated turnover amounted to LTL 34.5 million (EUR 10 million). This year the sales of production decreased by 41 percent. According to the General Manager of Utenos Trikotažas AB, Mr Nerijus Vilūnas, the plan of actions implemented by the Company by reducing expenditure and management body of the Company, managing efficiently the resources and adapting production processes to decreased sales volumes is already having effect. “The situation of the recent month's shows that the Company can be stable even if the sales volumes are less than it was usual in the recent years. The Company's strengths are its flexibility, quality, reliability and long-lasting cooperation with the major customers of the Company.” Interim consolidated financial statements of Utenos trikotažas AB for three months of 2009 and confirmation of responsible persons are enclosed. General Director Nerijus Vilūnas tel.+370-389-51445 |
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