Oct 03, 2014. /Lesprom Network/. According to unaudited data during the eight months of 2014, the Group consisting of Grigiskes AB, Baltwood UAB, Klaipedos kartonas AB, Mena Pak PAT, and Klaipeda recycling UAB achieved the consolidate sales turnover of LTL 232.3 million (Euro 67.3 million). It is LTL 17.5 million (Euro 5.1 million), or 8.1% more than during the eight months in 2013, as the company said in the press release received by Lesprom Network.

During the same period in question, the Company's sales amounted to LTL 109.5 million (Euro 31.7 million), which is LTL 14.4 million (Euro 4.2 million), or 15.1% more than in the same period last year.

During the mentioned above period profit before taxes of the Group amounted to LTL 14.6 million (Euro 4.2 million) and the Company‘s – LTL 6.2 million (Euro 1.8 million). It is accordingly by 58.7% and 21.6% more that in the eight months of the past year.

Earnings before interest, taxes, depreciation and amortisation (EBITDA) of the Group and Company, if compared with the eight months of 2013, increased by 30.2% and 15.6%, respectively: during the eight months of 2014, EBITDA of the Group was LTL 36.2 million (Euro 10.5 million), of the Company LTL 17.8 million (Euro 5.2 million).

AB Grigiškės 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.