AUGA group, AB (company code 126264360, address: Konstitucijos ave. 21C, Vilnius) provides interim unaudited financial information for the 9-month period ended September 30, 2018 with confirmation of responsible persons.
AUGA group, AB and its subsidiaries’ (hereinafter – the Group) revenues for the 9 months of 2018 was EUR 42.16 million or 15% higher compared to the same period of 2017, when it was EUR 36.59 million.
The gross profit for the 9 months of 2018 was EUR 1.76 million and was lower compared to the same period last year (9 months of 2017 – EUR 14.86 million).
Group’s EBITDA, for the 9 months of 2018, was EUR 1.74 million. For the same 9 months’ period of 2017 EBITDA was EUR 13.19 million.
Group’s net loss for the 9 months of 2018, was EUR 4.88 million (for the 9 months of 2017 – EUR 7.34 million net profit).
Group’s financial results were negatively affected by crop segment due to unfavorable weather conditions during harvest season of 2017/2018.
More detailed analysis is provided in the management report section in interim unaudited financial information for the 9 months’ period ended 30 September 2018.
Attached:
1. Confirmation of responsible persons.
2. Consolidated unaudited financial statements for the nine months period ended 30 September 2018.
General Manager
Linas Bulzgys
+370 5 233 5340
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