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Part of net profit attributable to Invalda is 40 mLTL

Part of unaudited consolidated net profit of 9 months of 2007 attributable to Invalda is equal to 40.3 mLTL (11.67 mEUR); at the end of the same period last year it has reached 27.4 mLTL (7.9 mEUR). Consolidated net profit of nine months of the whole Invalda group is equal to 47.3 mLTL (13,7 mEUR), compared to 37.7 mLTL (10.9 mEUR) one year ago.

Invalda itself during three quarters of 2007 earned 83.8 mLTL (24.3 mEUR) net profit. During the same period last year net profit of Invalda was 30.1 mLTL (8.7 mEUR).

President of Invalda Mr. Darius Sulnis informed that results of pharmaceutical, financial and roads construction sectors of Invalda group influenced the most consolidated results of nine months.

According to revised forecasts, part of consolidated net profit attributable to Invalda in 2007 should reach 72.4 mLTL (21 mEUR) and consolidated net profit of the whole Invalda group should reach 83.5 mLTL (24.2 mEUR).

In August Invalda revised forecasts for this year and increased part of consolidated ne profit attributable to Invalda by 24.6 mLTL (7.1 mEUR), forecast of consolidated net profit of the whole group was increased by 6.53 mLTL (1.9 mEUR).

“We observe situation in the market carefully and strive to estimate possible changes. Information and activity results of separate sectors of the group give us reasons to believe that forecasted results of Invalda group will be achieved” – D.Sulnis told.