VILNIAUS BALDAI AB result for activity and non audited condensed interim consolidated financial statement for the three months of FY 2019
The Group revenue during the first quarter of FY2019 stood at 20 845 thousand EUR, while during the same period of FY2018 revenue was 17 639 thousand EUR.
Net profit of the Group during the first three months was 416 thousand EUR, at the same period last year was 1 445 thousand EUR.
EBITDA constituted 952 thousand EUR, while year ago it stood at 2 079 thousand EUR.
VILNIAUS BALDAI adjusts the amount of planned investments in the construction new production and warehousing facilities, equipment, technologies and development of the production base - by the end of 2021, it plans to invest up to 53 million EUR. Part of the investment needed up to 43 million EUR is planned to finance by loan, the rest up to 10 million EUR to finance the company's own funds.
Chief Financial Officer
Phone No: +370 5 2525700