Consolidated revenue from continued operations of City Service for 2014 was LTL 619 million (EUR 179 million), an increase of 20% over LTL 519 million (EUR 150 million) in 2013.
The net profit from continued operations for 2014 reached LTL 20.2 million (EUR 5.8 million), and EBITDA from continued operations for 2014 comprised LTL 43.1 million (EUR 12.5 million), a decrease by 8% and 3% accordingly over same activities in 2013.
Decline of Russian ruble (RUB) exchange rate had a negative impact on Company’s net profit, LTL 3,2 million (EUR 0.9 million) in total, stated Jonas Janukėnas, General Director of AB City Service.
City Service group acts in Lithuania, Latvia, Russia, Poland and Spain. Companies of the Group provide facilities management services to 32.2 sq. meters of building area.
| Sales (mln. LTL) | EBITDA (mln. LTL) | EBIT (mln. LTL) | Net profit (mln. LTL) | |
| 2013 (continued operations unaudited) | 518.8 | 44.4 | 34.3 | 22.9 |
| 2014 (continued operations unaudited) | 618.5 | 43.1 | 31.5 | 20.2 |
| Comparative Capitalization Ratios* | 0.3 | 4.41 | 6.02 | 9.42 |
* AB City Service market capitalization as of 27 February 2015 to unaudited 2014 sales, EBITDA, EBIT and net profit from continued operations in each column accordingly.
ENCLUDING: AB City Service unaudited Interim Consolidated Financial Statements for the year 2014 (in LTL).
Vilius Mackonis
Director of Marketing and Communication Department
+370 5 2394900
