Vilnius, Lithuania, 2015-05-18 08:53 CEST (GLOBE NEWSWIRE) -- During the three months of 2015, the Group consisting of GRIGISKES AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak PAT, and Klaipeda recycling UAB achieved the consolidate sales turnover of EUR 25.6 million. It is EUR 0.7 million or 2.7% more than during the three months of 2014.
During the same period in question, the Company's sales amounted to EUR 13.2 million, which is EUR 2 million or 17.4% more than in the same period last year.
During the reporting period, the Group earned EUR 2.5 million profit before taxes, which is EUR 1.3 million or 2.2 times more than in the same period last year.
During the three months of 2015, the Company earned EUR 1.1 million profit before taxes, which is EUR 0.7 million or 2.7 times more than in the same period last year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and Company, if compared with the three months of 2014, increased by 48% and 49.4%, respectively: during the three months of 2015, EBITDA of the Group was EUR 4.7 million, of the Company EUR 2.3 million.
More information is provided in the interim consolidated report of GRIGISKES AB covering the three months of 2015 with endorsement of the responsible persons (see attachments).
Gintautas Pangonis
President of GRIGISKES AB
(+370-5) 243 58 01
