Lisco Baltic Service AB

Company event



Preliminary financial results (consolidated) Q1 2005



AB “LISCO Baltic Service” group consolidated results:



-revenue in Q1 2005 increased by 5% up to 48.1 mln. Lt compared to Q1 2004 –

45.8 mln. Lt;



-EBIT Q1 2005 was 4.1 mln. Lt compared to Q1 2004 – 4.0 mln. Lt. Negative effect

of the drop of shipped cargo volume on the German lines compared to Q1 2004 was

compensated by increased activity on the Swedish line.



-net profit Q1 2005  - 2.3 mln. Lt, net profit Q1 2004 – 3.1 mln. Lt.





Full year result is expected to be close to the level of the last year result.





Chief financial officer

Jonas Nazarovas

(+370 46)393 603