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Vilniaus baldai AB activity results for the period of January – December

Net loss of Vilniaus baldai AB during December 2007 was 813 thousand LTL (236 thousand EUR), December of previous year net loss was 2 082 thousand LTL (603 thousand EUR). EBITDA during December 2007 was 0.82 million LTL (0.24 million EUR). Year ago it was a loss of 0.12 million LTL (0.04 million EUR).

Net profit during period 2007 January – December was 2 082 thousand LTL (603 thousand EUR), same period year 2006 – net loss of 5 317 thousand LTL (1 540 thousand EUR). Result for period 2007 January – December considers loss of 2 340 thousand LTL (678 thousand EUR) realized due to accounting of shares of UAB Giriu bizonas using equity method. EBITDA was 17.69  million LTL (5.12  million EUR). Year ago it was 6 million LTL (1.74 million EUR).