AUGA group: Interim information AUGA group, AB for the 9 months period ended 30 September 2017

AUGA group, AB (code 126264360, address: Konstitucijos ave. 21C, Vilnius)
provides the Interim unaudited financial information for the three months ended
30 September 2017 and confirmation of the responsible persons.
Management comment:

AUGA group, AB revenues for 9 months of 2017 were EUR 36.59 million and
increased 30% compared to the same period of 2016, when it was EUR 28.07
million. Gross profit for 9 months of 2017 was EUR 14.86 million and increased
more than two times compared to the same period of previous year (9 months of
2016 - EUR 6.81 million). Majority of gross profit increase is directly related
to Group's completed transition to organic farming. 

Due to increase in scale of operations and number of employees, operational
expenditures for 9 months of 2017 was EUR 6.90 million (9 months of 2016 - EUR
5.20 million). The expenses associated with acquisition of KTG Agrar SE
companies operating in Lithuania also added to the increase of total
operational expenditures. 

Financial results were significantly impacted not only by the fact that the
harvest of 2017 was traded at organic product prices, but also by the increased
yield of main harvested crops of Group's companies. 

Group's transformation to organic production company, favorable growth trends
of European organic markets and improvements in agricultural system of Group's
companies have resulted in significantly higher EBITDA and net income results.
AUGA Group EBITDA for 9 months of 2017 was EUR 13,19 million (9 months of 2016
- EUR 6.66 million), net income EUR 7.34 million (9 months of 2016 - EUR 0,78
million). 

 Attached:

  1. Confirmation of responsible persons.
  2. Consolidated unaudited interim financial statements for the nine months
     ended 30 September 2017.

         General Manager
         Linas Bulzgys
         [phone]

Attachment:
https://cns.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=655485