Posted 三月 1, 2016
Mar 01, 2016. /Lesprom Network/. During the twelve months of 2015, the Group consisting of AB Grigeo Grigiškės, UAB Grigeo Baltwood, AB Grigeo Klaipėdos kartonas, PAT Mena Pak and UAB Grigeo Recycling achieved the consolidate sales turnover of Euro 103.3 million. It is by Euro 3.8 million, or 4% more than during the twelve months of 2014, as the company says in the press release received by Lesprom Network.
During the same period in question, the Company's sales amounted to Euro 54.1 million, which is by Euro 5.7 million, or 12% more than in the same period last year.
During the reporting period, the Group earned Euro 8.4 million profit before taxes, which is by Euro 0.9 million, or 13% more than in the same period last year.
During the twelve months of 2015, the Company earned Euro 2.9 million profit before taxes, which is by Euro 0.7 million, or 19% less than in the same period last year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and Company, if compared with the twelve months of 2014, increased by 15% and 5%, respectively: during the twelve months of 2015, EBITDA of the Group was Euro 18.3 million, of the Company Euro 8.4 million.
Grigiskes is the biggest manufacturer of sanitary-household paper in the Baltic countries. The company is a manufacturer of toilet paper, paper towels and napkins, corrugated cardboard and cartons, hardboard and painted hardboard.