AB Utenos trikotažas sales for the IV quarter of 2012 reached LTL 10.6 million (EUR 3.1 million), 0.1 % more than during the same period in 2011. The company sales of 2012 reached LTL 41.8 million (EUR 12.1 million), 18.8 % less than during the same period in 2011.
Consolidated Group sales for the IV quarter of 2012 reached LTL 13.7 million (EUR 4.0 million), 4.7 % more than during the same period in 2011. Consolidated group sales of 2012 reached LTL 51.5 million (EUR 14.9 million), 15.9% less than during the same period in 2011.
“2012 IV quarter results, compared to 2011 IV quarter results, indicate positive growth tendencies, the latter of which we expect for the year 2013“, – says AB “Utenos Trikotažas” Managing Director Gintautas Bareika. - “We will continue consistent implementation of corporate strategy during 2013, i. e. proactive collaboration with our clients both in Western Europe, Russian and Ukranian markets, development of our brand portfolio for international markets, participation at international textiles exhibitions, focussed approach to the development of innovative fabrics.”
For more information please contact Mr. Gintautas Bareika, Managing Director of AB Utenos trikotažas, tel. No. 370 389 51445.
I, the undersigned, confirm that the above information is complete and true.
Managing Director AB Utenos trikotažas Gintautas Bareika