The results of AB Amber Grid for the 9 months of 2015 prepared according to the International Financial Reporting Standards:
• Sales for the 9 months of 2015 – EUR 37.9 million (the 9 months of 2014 – EUR 35.8 million);
• Profit before tax for the 9 months of 2015 – EUR 7.4 million (the 9 months of 2014 – EUR 3.7 million);
• Net profit for the 9 months of 2015 – EUR 9.5 million (the 9 months of 2014 – EUR 4.2 million).
The increase of profitability was resulted mainly due to lower depreciation expenses and operational efficiency. This year depreciation is calculated on the new assets basis after an assessment of tangible assets for the end of the year 2014.
AB Amber Grid releases unaudited condensed financial statements of the 9 months of 2015 prepared according to International financial reporting standards.
Attached:
1. Press release;
2. AB Amber Grid condensed financial statements as of 30 September 2015.
The individual authorised by AB Amber Grid (the issuer) to provide additional information on the material event:
Rimantas Šukys
Finance Director
tel. +370 5 236 0854
fax +370 5 236 0850
e-mail: r.sukys@ambergrid.lt
