The total consolidated revenue from continued operations of City Service for the six months of 2014 was LTL 335.1 million (EUR 97.1 million), a 31 % rise to the total revenue of LTL 255.6 million (EUR 74.0 million) from continued operations for the six months of 2013.
EBITDA from continued operations for six months of 2014 was LTL 23.1 million (EUR 6.7 million), an increase by 14 % over LTL 20.3 million (EUR 5.9 million) a year ago from continued operations. Net profit from continued operations for the period amounted to LTL 13.6 million (EUR 3.9 million), an increase by 49 % over LTL 9.1 million (EUR 2.6 million) from continued operations a year ago.
Active sales and increasing operations efficiency have contributed to Group’s results during first half of this year in all major markets. In the nearest future our main task is reorganization and efficiency improvement of activities in Spain, stated Jonas Janukėnas, General Director of AB City Service.
| Sales (mln. LTL) | EBITDA (mln. LTL) | EBIT (mln. LTL) | Net profit (mln. LTL) | |
| 2013 | 548.2 | 41.5 | 31.6 | 20.4 |
| 2013 1st half (continued operations unaudited) | 255.6 | 20.3 | 14.8 | 9.1 |
| 2014 1st half (continued operations unaudited) | 335.1 | 23.1 | 17.5 | 13.6 |
| Comparative Capitalization Ratios* | 0.33 | 4.40 | 5.77 | 8.93 |
* AB City Service market capitalization as of 28 August 2014 to 2013 sales, EBITDA, EBIT and net profit in each column accordingly.
ENCLUDING: AB City Service Interim Consolidated Financial Statements for the six months
of 2014 (in LTL) and AB City Service Interim Consolidated Report for the six months of 2014 (in LTL).
Vilius Mackonis,
Director of Marketing and Communication Department
+370 5 239 4900
