Investment company Invalda forecasts that the next year part of net consolidated profit attributable for company shareholders should equal to 93.3 mLTL and the consolidated net profit of all group should equal to 98.5 mLTL.<\/p>\n
In 2008 net profit attributable to Invalda from real estate sector should equal to 45.1 mLTL and the net profit of the whole sector should be 48.5 mLTL. Pharmacy sector for the next year plans to earn net profit of 62.2 mLTL, part of net profit attributable to Invalda should equal to 26.6 mLTL. It is assumed that finance sector should earn net profit of 7.6 mLTL, the same part should be attributed to Invalda.<\/p>\n
Roads and bridges construction sector should earn 32.3 mLTL net profit (part of Invalda should equal to 13.3 mLTL, 6.7 mLTL whereof will be part of company\u2019s Kauno tiltai net profit), the sector of hotel management forecasts 2.4 mLTL profit (the same part of profit should be attributed to Invalda), the net profit of furniture manufacturing sector should equal 5.7 mLTL, 3.9 mLTL whereof should be contributed to Invalda\u2019s shareholders.<\/p>\n
President of Invalda Darius Sulnis commenting group sectors results points-out several aspects. For group\u2018s finance sector seeking to provide investment and private banking services during 2008 will be the most important to finish successfully reforms that will guarantee high quality of services and ensure competitiveness for Finasta. <\/p>\n
\u201cI would draw attention to group\u2019s companies Sanitas and Vilniaus baldai which earn more than 95% in foreign countries. The consistent growth of sales, profit and EBITDA of these companies give meaningful benefit not only for Invalda and other shareholders of Sanitas and Vilniaus baldai, but also positively influence such macroeconomic indicators of Lithuania as decrease of deficit in foreign trade\u201d \u2013 D. Sulnis said.<\/p>\n
According to Invalda\u2019s financial forecasts revised in August it is supposed to reach 72.4 mLTL consolidated net profit for the shareholders in this year. The whole group of Invalda plans to earn 83.5 mLTL under International Financial Reporting Standards. <\/p>\n
\u201cAlthough this year\u2018s crossbar for financial forecast was raised high enough, most part of the group\u2018s managed businesses foresee next year results to be even better. Calculations and forecasts put a solid basis for successful year of 2008 for Invalda and group companies\u201d, – D.Sulnis said.<\/p>\n
*While making forecasts for the next year it was assumed that there will be no significant positive or negative changes in value of investment property, considerable changes in finance and real estate markets and also in the structure of the group or owned investment property.<\/p>\n
About Invalda<\/p>\n
Invalda was established in 1992 and now it is a holding company actively managing its investments. Successful and well known companies represent sectors of priority in Invalda group: real estate (InReal, inRED, Invaldos nekilnojamojo turto fondas, DOMMO Nerija, IBC logistika and others); pharmacy (Sanitas), finance (Finasta, Finasta investicij\u0173 valdymas and others), furniture manufacturing (Vilniaus baldai), roads and bridges construction (Kauno tiltai) and hotel management (Holiday Inn, Ecotel).<\/p>\n
1 EUR = 3,4528 LTL<\/p>\n","protected":false},"excerpt":{"rendered":"
Investment company Invalda forecasts that the next year part of net consolidated profit attributable for company shareholders should equal to 93.3 mLTL and the consolidated net profit of all group..<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[6],"class_list":["post-13075","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-imported"],"acf":[],"yoast_head":"\n