AUG1L Agrowill Group AB

Unaudited financial information of AUGA group, AB for the 6 month period ended 30 June 2018

Unaudited financial information of AUGA group, AB for the 6 month period ended 30 June 2018

AUGA group, AB (legal entity code 126264360, address: Konstitucijos pr. 21C, Vilnius) provides the unaudited financial information for the six month period ended 30 June 2018 and confirmation of the responsible persons.

Management comment:

Consolidated revenue of AUGA group, AB and its subsidiaries (hereinafter – the Group) for 6 months of 2018 were EUR 25.01 million and increased by 10% compared to the same period of 2017, when it was EUR 22.84 million. Revenue were higher in crop growing and mushroom growing segments.

Consolidated EBITDA of the Group for 6 months of 2018 after eliminating one-off transactions was EUR 4.10 million (for 6 months of 2017 – EUR 3.88 million). Consolidated net income of the Group for 6 months of 2018 was EUR 485 thousand (6 months of 2017 – EUR 487 thousand).

Attached:

  1. Consolidated unaudited financial statements for the six month period ended 30 June 2018.  
  2. Confirmation of responsible persons.

General Manager

Linas Bulzgys

Attachments

EN
31/08/2018

Underlying

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