Gubernija: Gubernija AB interim information for twelve months of 2017

Šiauliai, Lietuva, 2018-02-28 15:24 CET (GLOBE NEWSWIRE) --
Unaudited revenue of Gubernija AB in 2017 the income made EUR 7.454 million,
respectively in 2016 the income was EUR 8.184 million. 8.9 percent decreased in
sales volumes had an inflationary effect on the Company's operating expenses.
This has led to lower EBITDA and net profit margins. The Company's EBITDA in
2017 was thousand 5.3 EUR, in 2016 it was EUR 158 thousand. In the year 2017
the loss of twelve months without tax deduction made EUR 0.646 million, in the
year 2016 the loss of twelve months was EUR 0.510 million. 

We hereby present the Unaudited Interim Financial Statements of 12 months of
the year 2017, prepared in accordance with Business Accounting Standards as
adopted to be used in the Republic of Lithuania, together with Confirmation
from responsible persons. 

This information is also available at www.gubernija.lt.

Gubernija, AB
General Manager
Vijoleta Dunauskiene
[phone]

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