Sales for the II quarter of 2012

Utenos Trikotazas AB 

31.07.2012 17:00
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AB 'Utenos trikotažas' sales for the II quarter of 2012 reached LTL 10.7
million (EUR 3.1 million), 24.2 % less than during the same period in 2011. The
company sales for the first half of 2012 reached LTL 20 million (EUR 5.8
million), 31.3 % less than during the same period in 2011. 

Consolidated Group sales for the II quarter of 2012 reached LTL 12.4 million
(EUR 3.6 million), 23.6 % less than during the same period in 2011.
Consolidated group sales for the first half of 2012 reached LTL 24.5 million
(EUR 7.1 million), 27.8% less than during the same period in 2011 

'We are in the strategic transition process turning from mass production
towards innovative garments production, paying special attention to organic
products. The first half of this year was an important period of attracting new
clients, development of new innovative fabrics and garments, finalization of
new brand concept for international markets. We believe that efforts made will
allow us to reach the growth already in the second half of the year.' - says AB
'Utenos Trikotažas' Managing Director Gintautas Bareika. 

For more information please contact Mr. Gintautas Bareika, Managing Director of
AB Utenos trikotažas, tel. No. 370 389 51445. 

I, the undersigned, confirm that the above information is complete and true.



Managing Director      AB Utenos trikotažas     Gintautas Bareika
News Source: NASDAQ OMX



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Language:     English
Company:      Utenos Trikotazas AB
              
               
              Lithuania
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         LT0000109324
WKN:          
 
End of Announcement                             DGAP News-Service
 
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