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VBL1L Vilniaus baldai AB News Story

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Lithuania's Vilniaus baldai H1 profit drops

Overview

Lithuania furniture maker's fiscal H1 revenue rose yr/yr, but net profit declined sharply

Fiscal Q2 revenue grew slightly, but company posted net loss versus prior-year profit

Fiscal H1 EBITDA declined to EUR 4.3 mln from EUR 7.7 mln a year earlier

Result Drivers

PROFIT DECLINE - Net profit for the first half amounted to EUR 1,207 thousand, compared to EUR 3,818 thousand in the corresponding period of the previous year

Company press release: ID:nGNE3h6f4H

Key Details

MetricBeat/MissActualConsensus Estimate
H1 Net IncomeEUR 1.21 mln
H1 EBITDAEUR 4.30 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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