During the same period in question, the Company's sales amounted to LTL 123.7 million (Euro 35.8 million), which is LTL 15.3 million (Euro 4.4 million), or 14.1% more than in the same period last year.
During the reporting period, the Group earned LTL 18.9 million (Euro 5.5 million) profit before taxes, which is LTL 7.1 million (Euro 2.1 million) or 60.9% more than in the same period last year.
During the nine months of 2014, the Company earned LTL 8.4 million (Euro 2.4 million) profit before taxes, which is LTL 2.3 million (Euro 0.7 million) or 38.7% 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 nine months of 2013, increased by 25.3% and 13.7%, respectively: during the nine months of 2014, EBITDA of the Group was LTL 41.1 million (Euro 11.9 million), of the Company LTL 20.1 million (Euro 5.8 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.
