Preliminary not audited activity results of twelve months of year 2014 of company AB “Linas” and Group of companies. AB “Linas” not audited consolidated interim information of twelve months of year 2014


Panevezys, Lithuania, 2015-02-27 09:03 CET (GLOBE NEWSWIRE) -- On February 26, 2015 AB “Linas” Board confirmed AB “Linas” consolidated interim financial reports of twelve months of year 2014 which are not checked by the auditors and prepared acc.to International financial accountability standards accepted by EU.

The sales incomes of AB “Linas” of year 2014 made 40,92 mln Lt (11,85 mln EUR). On 2013 the sales incomes were 39,83 mln Lt (11,54 mln EUR). Actual sales incomes of year 2014 in comparison with year 2013 is large in 1,09 mln Lt (0,31 mln EUR) or  2,7 %.

The sales incomes of AB “Linas” Group of companies of year 2014 made 41,52 mln Lt (12,025 mln EUR). On 2013 the sales incomes were 40,57 mln Lt (11,75 mln Lt). Actual sales incomes of year 2014 in comparison with year 2013 is large in 0,95mln Lt (0,275 mln EUR) or 2,34 %.

AB “Linas” loss before taxation of year 2014 is 2,97 mln Lt (0,86 mln EUR) when on year 2013 loss before taxation made 2,67 mln Lt (0,77 mln EUR).

AB “Linas” group of companies loss before taxation of year 2014 made 2,90 mln Lt (0,84 mln EUR) when on year 2013 loss before taxation made 2,11 mln Lt (0,61 mln EUR).

The export volumes of AB “Linas” Group of companies on year 2014 made 87,5 % of all production sales, and on 2013 it was exported 87,8 % of the production.

Presenting confirmation of the responsible persons of AB “Linas” and interim consolidated not audited financial reports of twelve months of year 2014.

 

         Director of AB “Linas”
         Saulius Šidlauskas
         +370 45 506100


Attachments

Linas_interim_information_of_12_months_2014.pdf