During nine months of 2016, the sales of AB Grigeo Grigiškės amounted to Euro 41.3 million, which is Euro 0.8 million more than during the same period of the previous year.

Packaging

Grigeo Grigiškės increased sales to Euro 41.3 million in January-September 2016

During nine months of 2016, the sales of AB Grigeo Grigiškės amounted to Euro 41.3 million, which is Euro 0.8 million more than during the same period of the previous year.

During the reporting period, the Company earned Euro 2.8 million profit before taxes, which is Euro 0.3 million more than during the same period of the previous year.

During nine months of 2016, the Group consisting of AB Grigeo Grigiškės, UAB Grigeo Baltwood, AB Grigeo Klaipėdos kartonas, PAT Mena Pak and UAB Grigeo Recycling reached the consolidated sales of Euro 74.5 million. That is Euro 3.7 million less than during nine months of 2015.

During the reporting period, the Group earned Euro 3.7 million profit before taxes, which is Euro 3,1 million less than during the same period of the previous year.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and Company, comparing with the same period nine months of 2015, decreased by 14 % and increased by 11%, respectively: during the nine months of 2016, EBITDA of the Group was Euro 12 million, of the Company Euro 7.1 million.

AB Grigeo Grigiškes produces and sells toilet paper, paper towels, paper napkins, corrugated cardboards, and products from corrugated cardboards.