City Service
City Service consolidated results for the three months of 2015
DGAP-News: City Service 2015-05-29 / 17:11 --------------------------------------------------------------------- City Service announces its unaudited Consolidated Interim Financial Statements for the three months of 2015, prepared according to International Financial Reporting Standards. The total consolidated City Service revenue from continued operations for the three months of 2015 was EUR 42.5 million. This makes a 16 % decrease over the total revenue of EUR 50.4 million from continued operations for the three months of 2014. Net profit from continued operations for the period amounted to EUR 3.4 million, a 162 % increase over EUR 1.3 million net profit from continued operations a year ago. EBITDA from continued operations for three months of 2015 was EUR 3.1 million, a 28 % decrease over EUR 4.3 million a year ago from continued operations. Currency exchange rates had possitive effect of EUR 543 thousand on net profit from continued operations of the period, while in 2014 currency exhange had negative effect of EUR 317 thousand. Investment disposal profit in 2015 was EUR 1.4 million, compared to EUR 1.2 million loss in 2014. Sales (mln. EBITDA (mln. EBIT (mln. Net profit EUR) EUR) EUR) (mln. EUR) -------------------------------------------------------------------------------- 2014 181.3 12.3 8.9 5.1 -------------------------------------------------------------------------------- 2014 1st quarter 50.4 4.3 3.5 1.3 -------------------------------------------------------------------------------- 2015 1st quarter 42.5 3.1 2.1 3.4 -------------------------------------------------------------------------------- Comparative 0.29 4.34 6.00 10.47 Capitalization Ratios* -------------------------------------------------------------------------------- * AB City Service market capitalization as of 29 May 2015 to 2014 sales, EBITDA, EBIT and net profit in each column accordingly. ENCLUDING: City Service Interim Consolidated Financial Statements for the three months of 2014 (in EUR). Vilius Mackonis, Director of Marketing and Communication Department +370 5 239 4900 News Source: NASDAQ OMX --------------------------------------------------------------------- 2015-05-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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 --------------------------------------------------------------------- 363521 2015-05-29
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