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2010-10-20 09:40:14 CEST 2010-10-20 09:41:11 CEST REGULATED INFORMATION Utenos Trikotazas AB - Notification on material eventAB ,,Utenos trikotažas” activity results of III quarter and of 9 months of 2010AB „Utenos trikotažas" sales for the III quarter of 2010 reached LTL 15.4 million (EUR 4.5 million), 17.7 % more than during the same period in 2009. The company sales for the 9 months of 2010 reached LTL 45,5 million (EUR 13,2 million), 3% less than during the same period in 2009. Consolidated Group sales for the III quarter of 2010 reached LTL 17,6 million (EUR 5,1 million), 16,6 % more than during the same period in 2009. Consolidated group sales for the 9 months of 2010 reached LTL 52,8 million (EUR 15,3 million), 3,2% less than during the same period in 2009. “AB “Utenos trikotažas“ have posted double-digit sales growth for the first time since the beginning of 2008. We believe sales hit the bottom in the second half of 2009 and have been improving since then. The company focuses on its clients demanding higher value added products such as ecological high quality products, excellent service and fast delivery. The key to sustainable long term profitable growth is the ability to identify needs of our customers and to provide the right solutions to address those. In addition, we intensify our efforts marketing our branded Rokas, Gunda or Eko product lines. As a result sales of these products are up Lithuania despite negative consumption trends.“- says the General Manager of the company Utenos trikotažas Nerijus Vilūnas. For more information please contact Mr. Nerijus Vilūnas, Managing Director of AB „Utenos trikotažas“, tel No. 8 389 51445. I, the undersigned, confirm that the above information is complete and true. Managing Director AB „Utenos trikotažas“ Nerijus Vilūnas |
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