On 12 December 2007 the Board approved forecast for Invalda AB group for 2008.
While making forecasts it was assumed that till 31.12.2008:
- there will be no significant positive or negative changes in value of
investment property;
- there will be no significant changes in finance and real estate markets;
- there will be no significant changes in the structure of the group or owned
investment property.
The forecasted consolidated net profit of Invalda AB group for 2008 equals to
LTL 98.5 mln (EUR 28.5 mln), the part of consolidated net profit attributable
to the parent company equals to LTL 93.3 mln (EUR 27 mln).
Forecasts for group sectors:
Finance sector:
- Net profit attributable to Invalda - LTL 7.6 mln (EUR 2.2 mln);
- Sector's net profit - LTL 7.6 mln (EUR 2.2 mln).
Real estate sector:
- Net profit attributable to Invalda - LTL 45 mln (EUR 13 mln);
- Sector's net profit - LTL 48.5 mln (EUR 14 mln).
Pharmacy sector:
- Net profit attributable to Invalda - LTL 26.6 mln (EUR 7.7 mln);
- Sector's net profit - LTL 62.2 mln (EUR 18 mln).
Furniture manufacturing sector:
- Net profit attributable to Invalda - LTL 3.9 mln (EUR 1.1 mln);
- Sector's net profit - LTL 5.7 mln (EUR 1.7 mln).
Roads and bridges construction sector:
- Sector's net profit - LTL 32.3 mln (EUR 9.4 mln);
- Net profit attributable to Invalda - LTL 13.3 mln (EUR 3.9 mln):
- Kauno tiltai AB (not consolidated) - LTL 6.7 mln (EUR 1.9 mln);
- Road sector companies in Poland - LTL 2.6 mln (EUR 0.8 mln);
- Other road sector companies - LTL 4.0 mln (EUR 1.2 mln).
Hotel management sector:
- Net profit attributable to Invalda - LTL 2.3 mln (EUR 0.7 mln);
- Sector's net profit - LTL 2.3 mln (EUR 0.7 mln).
Production and services companies:
- Net profit attributable to Invalda - LTL 2.5 mln (EUR 0.7 mln);
- Sector's net profit - LTL 10.8 mln (EUR 3.1 mln).
Darius Šulnis
President
+370 5 273 48 76