Sales for the III quarter of 2013 AB Utenos Trik

AB Utenos Trikotažas sales for the III quarter of 2013 reached LTL 15.3 million (EUR 4.4 million), 36.9 % more than during the same period in 2012. The company sales for the 9 months of 2013 reached LTL 43.5 million (EUR 12.6 million), 39.6 % more than during the same period in 2012.

Consolidated “Utenos Trikotažas” Group sales for the III quarter of 2013 reached LTL 18.2 million (EUR 5.3 million), 37.6 % more than during the same period in 2012. Consolidated group sales for the 9 months of 2013 reached LTL 52.0 million (EUR 15.1 million), 37.8% more than during the same period in 2012. 

“Persistent pursuit for new customers, entering of new markets helped us to achieve the revenue growth in the III quarter. The results were positively impacted by increasing sales of garments from wool, wool-silk, viscose-linen, which had been introduced in our production only last year. Functional thermal collections dedicated for sport and leisure wear also compose a significant proportion in our sales.

The sales of our own brand ABOUT is persistently increasing. Clients from Baltics states and Russia appreciates ABOUT garments by comparing its quality with well-established world brands“, says Gintautas Bareika, company‘s Chief Executive Officer.

For more information please contact Mr. Gintautas Bareika, Chief Executive Officer of AB Utenos Trikotažas, tel. No. 370 389 51445.

I, the undersigned, confirm that the above information is complete and true.

Managing Director     AB Utenos Trikotažas     Gintautas Bareika