Grigiskes AB revised plans for the year 2010

Grigiskes AB / 

27.04.2010 09:00

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.

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The Board meeting on 27 April 2010 approved a revised budget for the year 2010. 
It is planned that the Group which consists of Grigiskes AB, daughter
enterprise Baltwood UAB and indirectly controlled daughter enterprise Klaipedos
kartonas AB in the year 2010 will reach a turnover of LTL 230 mln. (EUR 66.6
mln.), which is LTL 111.1 mln. (EUR 32.2 mln.) or 93% over the turnover of
2009. The Group's profit before taxes will reach LTL 7.6 mln. (EUR 2.2 mln.)
and will be LTL 4.4 mln. (EUR 1.27 mln.) or 2.4-fold higher than it was reached
on the year 2009. 
The Group's planned results for the year 2010 are corrected after the activity
plans of the new Group's members were evaluated. 
On the 18th of December 2009 proclaimed forecasted financial indicators for the
year 2010 of Company Grigiskes AB remain unchanged. 

Gintautas Pangonis
General Director
(+370-5) 243 58 01

News Source: NASDAQ OMX



27.04.2010 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Grigiskes AB
              
               
              Lithuania
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LT0000102030
WKN:          
 
End of News                                     DGAP News-Service
 
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