Interim information of AUGA group, AB for the 3 months period ended 31 March 2018

AUGA group, AB (code 126264360, address: Konstitucijos ave. 21C, Vilnius) provides the Interim unaudited financial information for the three months ended 31 March 2018 and confirmation of the responsible persons.

Management comment:

AUGA group, AB revenues for 3 months of 2018 were EUR 11.49 million and decreased by 5% compared to the same period of 2017, when it were EUR 12.11 million. Revenues were lower due to longer organic grain delivery terms to clients than it was in previous year. For this reason larger part of deliveries will be done in upcoming quarters of 2018.

Group EBITDA for 3 months of 2018 after eliminating one-off transactions was EUR 1.56 million (for 3 months of 2017 – EUR 1.29 million). EBITDA increased in mushroom growing and crop growing segments. Group net income for 3 months of 2018 was EUR 625 thousand (3 months of 2017 – EUR 17 thousand).

 Attached:

1. Consolidated unaudited interim financial statements for the three months ended 31 March 2018.  
2. Confirmation of responsible persons.

General Manager
Linas Bulzgys
+370 5 233 5340

Attachments

• AUGA group FSY2018Q1EN
• Confirmation of responsible persons