Komentarai Siųsti draugui Spausdinti Vertinimas Neįvertintas

SNG: Snaigė AB improves sales results for 2012 by 31%, EBITDA by 36 percent with profits up by 5 times

Spekuliantai.lt | 2013-02-28 | NASDAQ OMX biržų naujienos | perskaitė: 559
Raktiniai žodžiai: Snaige AB, SNG
SNG: Snaigė AB improves sales results for 2012 by 31%, EBITDA by 36 percent with profits up by 5 times

Snaige AB Interim information 28.02.2013

Snaigė AB improves sales results for 2012 by 31%, EBITDA by 36 percent with
profits up by 5 times

Alytus, Lithuania, 2013-02-28 15:33 CET (GLOBE NEWSWIRE) -- Based upon
(unaudited unconsolidated) 2012 results Snaigė AB grew sales to more than 150
mln LTL in 2012 which is 31 percent higher than the same period last year. The
Company generated 4.6 mln LTL (unaudited unconsolidated) profit which is almost
5 times more than for the last year. EBITDA (unaudited unconsolidated) for 2012
exceeded 13 mln LTL, which is 36 percent higher than for the last year.

This significant increase in turnover and EBITDA was reached due to successful
export operations of carried out by the company. In 2012 Snaigė AB sold
products to 33 European and Asian countries, export increased by 35 percent,
and were 97 percent of total company sales.

For achievements in the field of export Snaigė AB was recognized as “The
Exporter of 2012” and awarded the prize of Lithuanian Chamber of Commerce,
Industry and Crafts.

„It is quite difficult to compete with worldwide giants in of the market for
home appliances,“ – states CEO G. Čeika. „However, the results of Snaigė AB in
2012 demonstrate that it is possible“. According to G. Čeika the results are
driven by several factors – high-quality product, successful marketing and
sales policy, flexibility and reliability of the company.“

AB „Snaigė“ success is in connection with the company interrelation with the
Russian business group „Polair“ . First of all the company obtained more
confidence taking strategic decisions, such us development of– Snaige Glassy,
premium design line of refrigerators, marketing campaign in Ukraine and
Moldova, which has tremendous success in terms of sales volume and market share
growth.

With the help of „Polair“ the company in year 2012 produced and sold 4,9
thousand. commercial refrigerators in Russian market. AB Snaige, being a part
of “Polair” group, achieved tangible cost optimization on purchasing some row
materials and components.

„In 2012 the company accomplished a lot by creating new products and improving
the existing ones,“- says G. Čeika. At the beginning of the year we improved
refrigerators „Snaigė Ice Logic“, implemented new technologies such as „Touch
screen“ electronic control, „Air Active“, air circulation system, „0 ̊C Fresh
Zone“ section, presented several new models of freezers.. These refrigerators
received positive responses from the customers both in Lithuania and Western
and Easter Europe.

In 2012 Snaigė AB invested 2 mln LTL to the development of new products and
improvement of existing ones. Total investment of the company reached 3 mln
LTL.

According to unaudited unconsolidated data Snaigė AB reached 148.4 mln LTL of
unaudited consolidated turnover and generated 1 mln LTL of unaudited
consolidated net profit in 2012.


Snaigė AB Managing Director
Gediminas Čeika
+370 315 56206


1. SNAIGE_2012_statemets with confirmation.pdf
(https://newsclient.omxgroup.com/cds/DisclosureAttachmentServlet?messageAttachmentId=421047)

Taip pat skaitykite

DPK: Decisions of the regular meeting of shareholders dated 27.05.2013

VLN: NEW MUTUAL FUND TO THE BALTIC FUND CENTER

VLN: The results of the primary placement auction of Lithuanian Government securities

VLN: VVP pirminio platinimo aukciono rezultatai

2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos 2013-05-27 | NASDAQ OMX biržų naujienos

Komentarai



Ekonominis kalendorius

Prekybos statistika realiu laiku

Techninės analizės įrankis

Privatumo politika Reklama Kontaktai Paskolos RSS RSS
© 2006-2024 UAB All Media Digital