During the same period in question, the Company's sales amounted to Euro 13.2 million, which is Euro 2 million, or 17.4% more than in the same period last year.
During the reporting period, the Group earned Euro 2.5 million profit before taxes, which is Euro 1.3 million, or 2.2 times more than in the same period last year. During the three months of 2015, the Company earned Euro 1.1 million profit before taxes, which is Euro 0.7 million, or 2.7 times more than in the same period last year.
Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and Company, if compared with the three months of 2014, increased by 48% and 49.4%, respectively: during the three months of 2015, EBITDA of the Group was Euro 4.7 million, of the Company Euro 2.3 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.
