TALLINNA KÜLMHOONE AS

ANNOUNCEMENT

29.11.99

 

COMMENTARY TO THE FINANCIAL RESULTS 10/99

 

The consolidated 10-months net sales of Tallinna Külmhoone AS 

amounted to 382.6 million EEK. Compared to the same period last 

year (10 months' 1998 net sales 282.8 million EEK), the company's 

net sales increased by 35.3% or 99.8 million EEK. 

 

Total amount of ice-cream sold in 10 months 1999 was 3305.1 tons. 

Compared to the respective result of 1998 (2766.6 tons), the sales 

increased by 19.5% or 538.5 tons. 

 

In 10 months, 340.8 tons (10.3% of total ice-cream sales) of 

ice-cream was exported; the respective last year's figure was 344.2 

tons.

 

The 10-months net profit of Tallinna Külmhoone AS totaled 18.4 

million EEK; the respective figure last year was 16.4 million EEK.

 

 

Evald Karu

Financial Director

+372 22 13 369