Dvarcioniu Keramika, AB results for the nine months of 2007


Dvarcioniu Keramika, AB, the largest manufacturer of ceramic tiles in the
Baltic States announces its unaudited financial results for the nine months of
2007. 

The total revenue for the nine months of 2007 was LTL 52.9  million (EUR 15.3
million), an increase by 25.4 per cent over the total revenue of LTL 42.2
million (EUR 12.2 million) for the nine months of 2006. 

EBITDA for the nine months of 2007 went up by 15.7 per cent to LTL 8.1 million
(EUR 2.3 million) over LTL 7.0 million (EUR 2,0 million) for the nine months of
2006. 

Profit before income tax for the nine months of amounted to LTL 923 thousand
(EUR 267 thousand),  LTL 10 thousand (EUR 3 thousand) loss was incurred a year
ago during the same reporting period. 

Profit for the period amounted to LTL 868 thousand (EUR 251 thousand), an
increase by more than 40 times over LTL 20 thousand (EUR 6 thousand) a year
ago. 


Audris Imbrasas, member of the board of Dvarcioniu Keramika, AB, has made the
following comments on results for the nine months of 2007: 
“The current results are great. The substantial sales growth of the new Italian
design collection tiles was incurred in domestic markets (32 per cent) and
abroad (18 per cent). The rapid sales growth and effective cost monitoring
procedures allowed us to achieve outstanding results. The net profit for the
reporting period increased by more than 40 times in comparison to the last year
net profit”. 
 

Alanas Levinas
CFO
+370 5  231 7823
GlobeNewswire