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The Utenos trikotažas AB group earned 0.6 million Lats in the first half of this year. Profit before tax, sales rose 26.1%
Utenos trikotažas, the largest textile and clothing company in Central and Eastern Europe, sold its products and services for 14.6 million EUR at first half of the year, or 26.1%. more than during the same period in 2017. The income of the company Utenos trikotažas was the first in 2018. in the first half of the year stood at 13.0 million. Eur, compared with the same period last year, it increased by 32.3%
The steady and steady growth in sales allowed to almost triple the profits of the group – in the first half it reached 0 , $ 6 million before taxes. Euro Group EBITDA stands at 0.9 mln. Eur, compared to the same period last year, 34.6% was recorded. Growth.
Sales of custom knit products in the first half amounted to $ 11.4 million. Eur, t. y 36 percent more than in the same period last year. The fastest growth was recorded in the main export regions – Scandinavia and German-speaking countries – where sales rose by 39.2% and 36.2% respectively. The total production of the group in the first half of 2018. in the first half rose to 82.7%. The group's total business figure stands at 12.0 million.
Utenos trikotazas UTENOS and ABOUT sales, sales of Utenos trikotazas owned by Utenos and ABOUT, increased by 18.7% in the second quarter of the year and were sold at the end first half for 1.7 million euros, or 10.2% more than in 2017. The group company "Šatrija" sewed functional and technical products this semester was realized for 1, 5 million euros. Eur (8.7% less than last year)
"As expected, we managed to maintain a strong growth momentum in the second quarter of the year. Group sales Utenos trikotazas group managed to achieve a higher level of activity and despite the significant growth in raw materials and labor costs, orders available for the third quarter of this year make it possible to predict the continuation of of a rapid growth in sales of the group, "commented Utenos. Knitwear "Director General Algirdas Šabūnas
Utenos Trikotažas AB
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