Vilniaus Degtine AB - Interim information

AB Vilniaus degtinė 9-month Interim Report for 2013

AB Vilniaus degtinė income from sales fell 6.0 per cent in the period
January-September 2013, compared with the corresponding period in 2012. Income
from sales for the period January-September 2013 was 37.6 million litas (10.9
million euro); and for the period July-September 2012 it was 40.0 million litas
(11.6 million euro). 

Income from the sale of alcoholic beverages for the period July-September 2013
increased to 30.5 million litas, which was 14.2 per cent more than for the
corresponding period last year (26.7 million litas). 

In the first nine months of this year, compared to the corresponding period
last year, the company's alcoholic beverage export sales in all markets grew by
84.2 per cent and reached 3.5 million litas. Of this amount, sales in EU
countries accounted for 2.9 million litas and sales in non-EU countries
accounted for 600,000 litas. 

For the period January-September 2013, pre-tax profit was 829,000 litas
(€240,000). In the corresponding period in 2012, pre-tax profit was 24,000
litas (€7,000). 

For the period January-September 2013, EBITDA (earnings before interest, taxes,
depreciation and amortisation) reached 3,9 million litas (€1.1 million), which
was a 39.3% increase compared to the corresponding period in 2012. EBITDA for
the period January-September 2012 was 2.8 million litas (€0.8 million). 

The General Manager of AB Vilniaus degtinė, Juozas Daunys, stated that in 2013
the company focussed its activities on strengthening the company's brand name
products and managing its range of alcoholic beverages. He said: “In 2013 the
market for strong liquor grew insignificantly. By focussing on promoting sales
of the Bajorų and Gedimino brands, we achieved a better result than we had
planned. We achieved growth in the spirits sector of 8.7 per cent.” 

Juozas Daunys

General Manager

Tel. +370 5 233 0819

Attachments:

Interim financial Statements.pdf