City Service
City Service consolidated results for the three months of 2014
DGAP-News: City Service / 30.05.2014 / 15:30 --------------------------------------------------------------------- City Service announces its unaudited Consolidated Interim Financial Statements for the three months of 2014, prepared according to International Financial Reporting Standards. The total consolidated revenue from continued operations of City Service for the three months of 2014 was LTL 180.2 million (EUR 52.2 million). This makes a 20 % increase over the total revenue of 150.8 million (EUR 43.7 million) from continued operations for the three months of 2013. Net profit from continued operations for the period amounted to LTL 7.9 million (EUR 2.3 million), a 20 % increase over LTL 6.6 million (EUR 1.9 million) net profit from continued operations a year ago. EBITDA from continued operations for three months of 2014 was LTL 14.4 million (EUR 4.2 million), a 15 % increase over LTL 12.5 million (EUR 3.6 million) a year ago from continued operations. Sales EBITDA EBIT (mln. Net profit (mln. (mln. LTL) LTL) (mln. LTL) LTL) -------------------------------------------------------------------------------- 2013 548.2 41.5 31.6 20.4 -------------------------------------------------------------------------------- 2013 1st quarter (continued 150.8 12.5 9.5 6.6 operations unaudited) -------------------------------------------------------------------------------- 2014 1st quarter (continued 180.3 14.4 11.7 7.9 operations unaudited) -------------------------------------------------------------------------------- Comparative Capitalization 0.35 4.69 6.14 9.52 Ratios* -------------------------------------------------------------------------------- * AB City Service market capitalization as of 31 May 2014 to 2013 sales, EBITDA, EBIT and net profit in each column accordingly. ENCLUDING: City Service Interim Consolidated Financial Statements for the three months of 2014 (in LTL). Vilius Mackonis, Director of Marketing and Communication Department +370 5 239 4900 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 30.05.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group 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: City Service Lithuania ISIN: LT0000127375 End of News DGAP News-Service --------------------------------------------------------------------- 271472 30.05.2014
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