Vilnius, Lithuania, 2014-08-29 15:16 CEST (GLOBE NEWSWIRE) -- Sales revenue of Vilniaus degtinė, AB in January-June 2014, as compared to respective period in 2013, increased by 14.9 percent. In January-June 2014 sales revenue totaled 29 164 thousand LTL (8 446 thousand EUR), in January-June 2013 - 25 382 thousand LTL (7 351 thousand EUR).
As compared to respective period last year, in January-June 2014 sales revenue of produced alcoholic beverages increased by 27.9 percent or 5 480 thousand LTL (1 587 thousand EUR).
As compared to respective period last year, in January-June 2014 sales revenue of produced alcoholic beverages to the European Union countries increased by 22.3 percent, to the third countries increased 4.2 times. In 2014 “Shotka vodka” trademark products were exported to 16 countries, “Renaissance” brandy – to 13 countries.
During the first six months in 2014 the company produced over 57 new products for domestic and foreign markets, 24 of which were custom made as private labels.
On domestic market the company focused on the promotion of its main trademarks. In January limited edition products “Bajorų senovinis butelaitis” and “Gedimino plieninė” vodka were offered on the market. “Bajorų” trademark was expanded to the train category, “Renaissance” brandy was supplemented with new flavored beverage “Renaissance Fleur”. “Sobieski” product packages were renewed in May with the help of promotional campaign. With a view to expand vodka consumer market, in June the company presented brand-new vodka – “Gedimino salyklinė”. This vodka distinguishes for being developed for both vodka and whiskey experts.
In January-June 2014 profit before tax reached 831 thousand LTL (241 thousand EUR), during respective period in 2013 profit before tax totaled 145 thousand LTL (42 thousand EUR).
In January-June 2014 EBITDA reached 2 697 thousand LTL (781 thousand EUR), in January-June 2013 EBITDA totaled 2 215 thousand LTL (642 thousand EUR).
Juozas Daunys
CEO
Phone: +370 5 233 0819
