AB Grigiskes Increases Profit Forecast for the Fiscal Year 2012
The company also planned that standalone company in the year 2012 will reach a turnover of LTL 111 million (EUR 32.1 million) and will be less by LTL 48.3 million (EUR 14 million) than audited sales of the year 2011 the company has. On the 31st of December 2012 implemented transference of a part of activities to a subsidiary is the main reason of mentioned turnover decrease. The company will earn a profit before taxes of LTL 9.5 million (EUR 2.8 million) which will be by two times higher than it was forecasted in the beginning of the year.