Last update: 19.07.2024 18:58 (GMT+3)

Lisco Baltic Service AB: Preliminary Result from Operations for the Accounting Period

16.03.2005, DFDS LISCO, VLN
Lisco Baltic Service AB
Company event

Preliminary Result from Operations for the Accounting Period

AB “LISCO BALTIC SERVICE” group consolidated results:
- revenue in year 2004 increased by 21% up to 220.8 mln. Lt in comparison with
year 2003 – 182.5 mln. Lt;
- pre-tax profit in year 2004 - 20.2 mln. Lt, in year 2003 – 5.8 mln. Lt. The
net profit in year 2004 – 17.8 mln. Lt.
Result is better than last year mainly due to:
- optimal tonnage deployment after acquisition of m/l "LISCO Patria";
- exceptional shipped cargo volumes in I and II quarter;
- successful activity of subsidiaries;
- year-end revaluation of accruals for claims had a positive impact.


Martynas Jonkus
General Counsel
(+370-46) 393 631

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