Alytus, Lithuania, 2014-02-28 15:43 CET (GLOBE NEWSWIRE) -- 2013 was profitable for the Group. The improvement of financial results was influenced by the rapid increase in export sales and successful marketing strategy in Lithuanian market.
Company Group ALITA, AB consolidated sales income for the 12 months of 2013 amounted to 95.9 million LTL (27.8 million EUR) and in comparison with the same period of 2012 increased by 23%. During the same period of 2012 revenue was 77.9 million LTL (22.6 million EUR). The consolidated export income for the full year was almost two times higher compared to previous year and amounted to 24.8 million LTL (7.2 million EUR).
The consolidated non-audited profit before taxes for 2013 according to the International Financial Reporting Standards was 4.7 million LTL (1.4 million of EUR). During the same period in 2012 the result was 1.7 million LTL (0.5 million EUR) loss before taxes.
During the year the Group has actively invested in presentation of new products to the market. New naturally fermented sparkling wine from quality wine grapes „Alita Rosé“ and „Alita Cabernet Sauvignon“, new sparkling carbonated wine drink “Santa Verona”, premium class brandy “Pure Brandy Black” were introduced, the line of alcoholic cocktails “Mix” was extended with new flavors, “Alita Brandy”, vodka “Ledo” and several other products received packaging design updates.
We present the set of intermediate unaudited consolidated financial statements for the 12 months of 2013.
This information is available at http://www.alita.lt/en/for-investors
Authorized to provide information: Vaidas Mickus, Managing Director, +370 315 57243
