Panevezio Statybos Trestas

Earnings Release • Aug 5, 2019

Disclosure 373776

Panevezio Statybos Trestas - Notification on material event

Preliminary Unaudited Performance Results of Panevezio statybos trestas AB for the First Half of 2019

Notification of Material Event

Preliminary Unaudited Performance Results of Panevezio statybos trestas AB for the First Half of 2019

Referring to the preliminary unaudited data, over the six months of 2019, the turnover of Panevezio statybos trestas AB amounted to 50.414 mln. Euros, that is by 28.6 per cents higher compared to the six months of the year 2018. The turnover for the six months of the year 2018 was 39.208 mln. Euros. In the first half of 2019, the company the company made a net profit in the amount of 0.807 mln. Euros, whereas over the first half of 2018 the company incurred losses in the amount of 0.664 mln. Euros.

Over the six months of 2019, EBITDA – earnings before interest, taxes, depreciation and amortization – was 1.592 mln. Euros with 0.005 mln. Euros over the first half of the year 2018.

For more information contact:

Dalius Gesevicius

Managing Director

Phone: (+370 45) 505 503