alita group ab (YGN) Snapshot

Company group ALITA AB reported consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported revenue of LTL 15,755,000 against LTL 13,192,000 a year ago. Operating loss was LTL 1,712,000 against LTL 2,113,000 a year ago period. Loss before income tax was LTL 2,381,000 against LTL 2,921,000 a year ago period. Net loss was LTL 2,381,000 against LTL 2,921,000 a year ago period. Net loss attributable to owners of the company was LTL 2,340,000 or LTL 0.12 per basic and diluted share against LTL 2,861,000 or LTL 0.14 per basic and diluted share a year ago period. Net cash flows from operating activities were LTL 777,000 against LTL 338,000 a year ago period. Acquisition of property, plant and equipment was LTL 72,000 against LTL 10,000 a year ago period. Acquisition of intangible assets was LTL 6,000.

Imoniu grupe ALITA, AB at the annual general meeting held on April 19, 2013 approved the election of KPMG Baltics, UAB as the auditor of the company for the carrying out of the audit of annual financial statements for 2013.

Company group ALITA AB reported audited consolidated and parent earnings results for the year ended December 31, 2012. For the year, the group reported net profit attributable to owners of the company of LTL 1,305,000 or LTL 0.07 per basic and diluted share on revenue of LTL 77,935,000 against net loss attributable to owners of the company of LTL 5,606,000 or LTL 0.22 per basic and diluted share on net sales of LTL 84,883,000 reported a year ago. Operating profit was LTL 4,773,000 compared to operating loss of LTL 148,000 a year ago. Profit before income tax was LTL 1,696,000 compared to loss before income tax of LTL 6,406,000 a year ago. Net cash provided by operating activities was LTL 1,605,000 compared to LTL 12,172,000 a year ago. Acquisition of property plant and equipment was LTL 110,000 compared to LTL 142,000 a year ago. Acquisition of intangible assets was LTL 116,000 compared to LTL 197,000 a year ago. For the year, the parent company reported net profit of LTL 2,859,000 or LTL 0.14 per basic and diluted share on revenue of LTL 66,385,000 against net loss of LTL 6,789,000 or LTL 0.27 per basic and diluted share on net sales of LTL 64,197,000 reported a year ago. Operating profit was LTL 6,134,000 compared to operating loss of LTL 1,323,000 a year ago. Profit before income tax was LTL 3,398,000 compared to loss before income tax of LTL 7,227,000 a year ago. Net cash provided by operating activities was LTL 1,125,000 compared to LTL 9,052,000 a year ago. Acquisition of property plant and equipment was LTL 110,000 compared to LTL 129,000 a year ago. Acquisition of intangible assets was LTL 116,000 compared to LTL 199,000 a year ago.