Sanitas AB
Activity results for 9 months of 2011. Set of unaudited interim condensed consolidated and separate financial statement for 9 months
Sanitas AB 29.11.2011 14:46 --------------------------------------------------------------------------- Kaunas, Lithuania, 2011-11-29 14:46 CET (GLOBE NEWSWIRE) -- Consolidated unaudited loss before tax of AB Sanitas (company code 134136296, registered address Veiveriu str. 134B, Kaunas, Lithuania) group (hereinafter - the Group) for 9 months of 2011 amounted to LTL 19, 039 thousand (EUR 5,514 thousand), compared to LTL 52,959 thousand (EUR 15,338 thousand) profit before tax for the same period in 2010. The Group experienced loss in 2011 due to LTL 47,567 thousand (EUR 13,776 thousand) one-off expenses related to sale of company's shares. In 2010 the Group had LTL 14,487 thousand (EUR 4,196 thousand) one-off gain from disposal of the subsidiary HBM Pharma s.r.o. If the mentioned above one-off items are eliminated, the Group profit before tax would amount to LTL 28,528 thousand (EUR 8,262 thousand) in 2011 and to LTL 38,472 thousand (EUR 11,142 thousand) in 2010. The result for 2011 was also negatively affected by foreign currency exchange loss in the amount of LTL 13,183 thousand (EUR 3,818 thousand) which was caused by PLN depreciation against EUR on Jelfa S.A. loans, denominated in EUR. Group's sales for 9 months of 2011 amounted to LTL 250,099 thousand (EUR 72,434 thousand), compared to LTL 256,855 thousand (EUR 74,390 thousand) for the same period in 2010. Unaudited interim condensed consolidated and separate financial statements for the period ended 30 September, 2011 together with the confirmation of the responsible persons are enclosed. A person authorized to provide additional information: Mr. Saulius Jurgelenas, General Manager AB Sanitas, phone number +370 686 67779. Dovilė Morkytė Lawyer Tel. +370 37 200 662 News Source: NASDAQ OMX 29.11.2011 Dissemination of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Sanitas AB Lithuania Phone: Fax: E-mail: Internet: ISIN: LT0000106171 WKN: End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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