Operational results for the first quarter of 2013


The unaudited results for the first quarter of 2013 of Limarko laivininkystes kompanija AB (LLK) were prepared in accordance with the International Financial Reporting Standards.

The revenue of LLK for the first quarter of 2013 amounted to LTL 12.0 million (EUR 3.5 million) and decreased by 32% when compared to the revenue of LTL 17.5 million (EUR 5.1 million) during the first quarter of 2012.

During the first quarter of 2013 LLK achieved the EBITDA of LTL 5.0 million (EUR 1.5 million) and the EBITDA margin was 42%. The EBITDA for the first quarter of 2012 was LTL 5.8 million (EUR 1.7 million) and the EBITDA margin was 33%.

The loss of LLK for the first quarter of 2013 was LTL 1.9 million (EUR 0.6 million). The profit of LLK for the first quarter of 2012 was LTL 4.2 million (EUR 1.2 million).

         Mindaugas Petrauskas
         Executive Director
         Tel.: +370 46 340001 ext. 713


Attachments

Q1 2013, Interim Financial Statements.pdf