Grigiskes - Interim information

GRIGISKES AB: interim consolidated report of GRIGISKES AB covering six months of 2015 and endorsement of the responsible persons

Vilnius, Lithuania, 2015-07-31 11:46 CEST (GLOBE NEWSWIRE) -- During the six
months of 2015, the Group consisting of GRIGISKES AB, Baltwood UAB, Klaipedos
kartonas AB, Mena Pak PAT, and Klaipeda recycling UAB achieved the consolidate
sales turnover of EUR 51.2 million. It is EUR 0.5 million or 0.9% more than
during the six months of 2014. 

During the same period in question, the Company's sales amounted to EUR 26.3
million, which is EUR 2.8 million or 12% more than in the same period last
year. 

During the reporting period, the Group earned EUR 4.5 million profit before
taxes, which is EUR 1.4 million or 43.1% more than in the same period last
year. 

During the six months of 2015, the Company earned EUR 2 million profit before
taxes, which is EUR 0.7 million or 47.5% more than in the same period last
year. 

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the
Group and Company, if compared with the six months of 2014, increased by 22%
and 15.2%, respectively: during the six months of 2015, EBITDA of the Group was
EUR 9 million, of the Company EUR 4.2 million. 

More information is provided in the interim consolidated report of GRIGISKES AB
covering the six months of 2015 with endorsement of the responsible persons
(see attachments). 


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

Priedai:

GRI2015yIH responsible confirmation.pdf

GRI2015yIH interim report.pdf