| | KOMISJA NADZORU FINANSOWEGO | |
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| | Raport bieżący nr | 28 | / | 2013 | |
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| | Data sporzÄ…dzenia: | 2013-05-31 | | | | | | | | | |
| | Skrócona nazwa emitenta | | | | | | | | | |
| | AGROWILL GROUP AB | |
| | Temat | | | | | | | | | | |
| | Interim information of Agrowill Group AB for the 3 month period ended 31 March 2013 | |
| | Podstawa prawna | | | | | | | | |
| | Treść raportu: | | | | | | | | | |
| | The total consolidated Agrowill Group , AB Group’s revenue for the three months of 2013 was LTL 10,017 million (EUR 2,901 million), an increase by 2 per cent over the total revenue of LTL 9,817 million (EUR 2,843 million) for the three months of 2012.
EBITDA for the three months of 2013 went up by 56 per cent to LTL 2,427 million (EUR 0,703 million), as compared to LTL 1,556 million (EUR 0,451 million) in the three months of 2012.
Net loss in January-March of 2013 was LTL 2,489 million (EUR 0,721 million). It was a net loss of LTL 2,526 million (EUR 0,732 million) over same period a year ago.
The ongoing plant operations, all the fertilizers, chemicals and fuel procurement, labour costs are accounted as unfinished production, and the Group's operating results include only dairy business results, and current expenses and financial costs. Most of the revenue and hence profit, will be accounted after selling of the harvest – in this year's third and fourth quarters. It is important to note that the Company's revenues from crop production accounts for about 60 percent of total revenues.
Agrowill Group , AB has achieved 10 percent higher profitability due to permanent increase of milking cows herd. This allowed to decrease the costs of raw milk production and increase efectiveness of production. Higher efectiveness and lower financial costs in total costs structure resulted increase of EBITDA by more than 50 percent.
In the first quarter of the year, the Agrowill Group, AB and bank Snoras BAB signed an agreement to prolong repayment of loan in amount of LTL 22.06 million until 20 March 2016. Also part of the revenues from harvest of the year 2012 has been used to pay short term liabilities. This resulted increase of the Group‘s liquidity ratio by 18 percent up to 74 percent.
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+0,17% +0,74gr
-0,30% -1,19gr
