Company AB Linas London S.E.

0J6H

LT0000100661

Textiles & Leather Goods

Delayed London S.E.			5-day change	1st Jan Change
- ^EUR	-.--%		-.--%	+19.05%

22-05-31	AB Linas Reports Earnings Results for the First Quarter Ended March 31, 2022	CI
22-05-19	UAB Verslo dizainas completed the acquisition of an additional 9.64% minority stake in AB Linas.	CI

Business description: AB Linas

Linas AB (Linas PLC) is a Lithuania-based company active within the textile industry sector. The Company's main activity is the production and distribution of textile products, as well as management of financial property. The Company's products portfolio includes table, bed and kitchen linen, fabrics, as well as interior decoration, such as napkins, placemats, runners, tablecloths, aprons, mittens, potholders, towels, pillow cases, duvet covers, bed sheets, curtains. The Company operates through one subsidiary, Lino apdaila UAB. The Company's products are sold domestically, as well as exported to Sweden, Spain, Belgium, Finland, Denmark, the United States, France and Japan, among others. As of December 31, 2011, the Company's major shareholder was Rentija UAB with a stake of 21.01%.

Sales by Activity: AB Linas

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)
Fabrics	8.62M	9.62M	11.39M
Yarns	34.49K	42.08K	32K
Sewn Items	3.94M	4.08M	4.97M
Manufacturing Services	385K	261K	359K

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Geographical breakdown of sales: AB Linas

Fiscal Period: December	2019 (EUR)	2020 (EUR)	2021 (EUR)
Europe Countries	5.61M	6.17M	7.2M
Lithuania	3.44M	3.8M	4.22M
Scandinavian Countries	2.04M	1.97M	3.02M
Other Countries	1.36M	1.67M	1.69M
United States of America (USA)	529K	402K	630K

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Executive Committee: AB Linas

Manager	Title	Age	Since
Vilita Skersiene CEO	Chief Executive Officer	-	-
Egidijus Mikeliunas CEO	Chief Executive Officer	-	2018-08-22
Jolita Sabaliene AUD	Comptroller/Controller/Auditor	-	2022-05-08
Lina Mikeloniene HRO	Human Resources Officer	-	-
Renata Railiene PRN	Corporate Officer/Principal	-	2019-09-19

See AB LINAS governance

Composition of the Board of Directors: AB Linas

Director	Title	Age	Since
Virginijus Kundrotas BRD	Director/Board Member	-	-
Darius Kazlauskas BRD	Director/Board Member	-	-
Arunas Ketrys CHM	Chairman	-	-

Composition of the Board of Directors

Company details: AB Linas

Linas AB

S. Kerbedžio Strasse 23

35113, Panevezys

+370 8 45 506100

http://www.linas.lt

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Weighted average by Cap.	-0.77%	-1.80%	+23.60%	+50.18%