The unaudited financial report of JSC „Valmieras stikla šķiedra” confirms that the group’s consolidated turnover of 2013 has reached EUR 88.41 Million. This is the highest annual net turnover since the foundation of the company and compared to the 2012 has grown for EUR 17.4 Million or 25%. Group’s unaudited consolidated net profit is about 30% more in at the same period of 2012 reaching EUR 5.10 Million. Earnings per share at 2013 reached EUR 0.2102 and is the highest rate since being listed on the share market.
The chairman of the board of JSC “Valmieras stikla šķiedra” Andris Oskars Brutāns: “We have successfully closed the fiscal year 2013 showing that we can find further development possibilities reaching a significant growth of sales volume. We have always emphasized that our advantage among competitors is the ability to be flexible towards the demand of customers and market. This has helped to increase the turnover of 2013 for 25%. We are proud of highest profit rate ever – EUR 5.1 Million. Due to Valmiera Glass UK Ltd we have new possibilities for entering new markets or get new product groups known, providing directly the aviation industry with glass fibre products. JSC “Valmieras stikla šķiedra” is a long-term oriented company, investing in the development of manufacturing. The investments of EUR 10.32 Million in 2013 approve this.”
Contacts:
Marika Nīmante
JSC „Valmieras stikla šķiedra” marketing project manager
Phone: +371 64202276, +371 26635509
Fax: +371 64281216
E-mail: Marika.Nimante@valmiera-glass.com
More information about company: www.vss.lv, www.valmiera-glass.com
