AS VIISNURK

ANNOUNCEMENT

25.01.99

 

PRELIMINARY FINANCIAL RESULTS 1998 

 

The 1998 net sales of AS Viisnurk amounted to 200 million EEK and 

gross profit was 17.8 million EEK. The company's net sales forecast for 

year 1998 was 226.3 million EEK, and gross profit was expected to 

amount to 18 million EEK.

 

11.6% lower net sales occurred due to 30 % decrease of the world cross-country 

ski market, due to which the production volume of Viisnurk ski factory declined.

 

AS Viisnurk will disclose its audited annual reports on 23.02.1999 at the latest.

 

 

Andrus Aljas

Financial director 

+372 447 8355