Snaige AB Stock Exchange Release 15-02-2007 Concolidated unaudited preliminary results for the the year 2006 and forecast for the year 2007 1. Results for the the year 2006 Total turnover and other operating income LTL 357.0 million (EUR 103.4 million); Pre-tax profit (loss) LTL -10.1 million (EUR -2.9 million); EBITDA LTL 13.7 million (EUR 4.0 million) 2.Forecast for the year 2007 Revenue and other operating income: LTL 468.8 million (EUR 135.8 million); Pre-tax profit LTL 10.2 million (EUR 3.0 million); Net profit LTL 8.4 million (EUR 2.4 million); EBITDA LTL 34.3 million (EUR 9.9 million) Negative consolidated result was driven by difficulties in Russian market - high stocks of goods and price reduction at distributors. Also because of increased risk the company made bad debts accruals for sales in 2004-2005 for amount LTL 9,8 million (EUR 2.8 million). Managing Director Mindaugas Sestokas +370 315 56206
Concolidated unaudited preliminary results for the the year 2006 and forecast for the year 2007
| Source: Snaige