AGROWILL GROUP AB - Agrowill Group, AB Interim unaudited information for 12 months ended 31 December 2013

KOMISJA NADZORU FINANSOWEGO

Raport bieżący nr 33 / 2014

Data sporządzenia: 2014-02-28

Skrócona nazwa emitenta

AGROWILL GROUP AB

Temat

Agrowill Group, AB Interim unaudited information for 12 months ended 31 December 2013

Podstawa prawna

Treść raportu:

Agrowill Group, AB provides the Interim unaudited financial information for the 12 months ended 31 December 2013. The total revenue for the twelve months of 2013 was LTL 82.6 million (EUR 23.9 million), a decrease of 5 percent as compared to the audited revenue of LTL 86.7 million (EUR 25.1 million) for the twelve months of 2012. Loss for the period of twelve months of 2013 amounted to LTL 4.7 million (EUR 1.36 million), in comparison with the audited profit of LTL 5.4 million (EUR 1.56 million) for the same period year ago. EBITDA for the twelve months of 2013 was LTL 13.9 million (EUR 4 million), a decrease of 36 per cent over the total audited EBITDA LTL 21.8 million (EUR 6.3 million) for the same period year ago. The main reasons for the decrease in revenues and profitability were the marginally lower harvest (decrease of around 10 percent), as well as significantly reduced worldwide crop-growing prices – the gross profitability of crop-growing fell from LTL 16.8 million (EUR 4.9 million) in 2012 to LTL 5.7 million (EUR 1.7 million) in 2013. Additionally, after the Group companies started paying their restructuring debts, the debt extinguishment and amortization were reviewed, and a one-off interest expense of around LTL 5.1 million (EUR 1.5 million) was booked in the period. The strategy of the Group to differentiate activities and increase the animal herds in 2013 allowed to significantly raise the volumes of raw milk sold, and, together with increase in milk prices resulted in a fourth quarter profit for the Group in 2013.

Załączniki

Plik Opis

2013 Q4 report of the Agrowill Group AB EN.pdf The interim unaudited information for the 12 months period ended 31 December 2013 of Agrowill Group AB

MESSAGE (ENGLISH VERSION)

AGROWILL GROUP AB

(pełna nazwa emitenta)

AGROWILL GROUP AB Food, agriculture

(skrócona nazwa emitenta) (sektor wg. klasyfikacji GPW w W-wie)

Wilno

(kod pocztowy) (miejscowość)

Smolensko 10

(ulica) (numer)

[phone] [phone]

(telefon) (fax)

[email protected] www.agrowill.lt

(e-mail) (www)

LT100001193419 126264360

(NIP) (REGON)

PODPISY OSÓB REPREZENTUJĄCYCH SPÓŁKĘ

Data Imię i Nazwisko Stanowisko/Funkcja Podpis

2014-02-28 Domantas Savicius CFO