During the six months of 2015, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak PAT, and Klaipeda recycling UAB achieved the consolidate sales turnover of EUR 51.2 million. It is Euro 0.5 million, or 0.9% more than during the six months of 2014.

Grigiskes reports 1H 2015 sales turnover increased by 0.9% to Euro 51.2 million

10:43 / 八月 7, 2015

Aug 07, 2015. /Lesprom Network/. During the six months of 2015, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak PAT, and Klaipeda recycling UAB achieved the consolidate sales turnover of EUR 51.2 million. It is Euro 0.5 million, or 0.9% more than during the six months of 2014, as the Group said in the press release received by Lesprom Network.

During the same period in question, the Company's sales amounted to Euro 26.3 million, which is Euro 2.8 million, or 12% more than in the same period last year.

During the reporting period, the Group earned Euro 4.5 million profit before taxes, which is Euro 1.4 million, or 43.1% more than in the same period last year.

During the six months of 2015, the Company earned Euro 2 million profit before taxes, which is Euro 0.7 million, or 47.5% 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 six months of 2014, increased by 22% and 15.2%, respectively: during the six months of 2015, EBITDA of the Group was Euro 9 million, of the Company Euro 4.2 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.

Lesprom Network

Grigiskes reports 1H 2015 sales turnover increased by 0.9% to Euro 51.2 million

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