City Service group, the largest facilities management company group in the Baltic States, announces its auditor evaluated Consolidated Annual Information and audited Consolidated Financial Statements for the year 2008, prepared according to International Financial Reporting Standards. The total consolidated City Service group's revenue for 2008 was LTL 263.9 million (EUR 76.4 million), profit amounted to LTL 8.68 million (EUR 2.5 million). Audited results vary from interim results due to change of heat meters sales in St. Petersburg revenue recognition principles. This revenue shall be recognised for the beginning of 2009. The Board of the Company proposes to the Ordinary Shareholders Meeting to pay dividends in the amount of LTL 2.1 million (EUR 608 thousand), LTL 0.11 (EUR 0.03) per one share. ENCLOSED: City Service AB audited Consolidated Financial Statements for the year 2008 (in LTL). City Service AB Consolidated Annual Report for the year 2008 (auditor-evaluated) Vilius Mackonis public relations manager + 370 5 239 4900
City Service group annual information and consolidated audited results for the year 2008
| Source: City Service SE