OREANDA-NEWS. Both second and third quarters were profitable for the Group thus 9 month result of the Group is almost 0.8 million LTL better than that of 2012. The improvement of financial results was influenced by the rapid increase in export sales and successful marketing strategy in Lithuanian market.

Company Group ALITA, AB consolidated sales income for the 9 months of 2013 amounted to 57.46 million LTL (16.64 million EUR) and in comparison with the same period of 2012 increased by 18%. During the same period of 2012 revenue was 48.67 million LTL (14.10 million EUR). The consolidated export income during the first 9 months of current year was 55% higher compared to the same period last year and amounted to 10.2 million LTL (3 million EUR).

The consolidated non-audited loss before taxes for the 9 months of 2013 according to the International Financial Reporting Standards was 0.65 million LTL (0.19 million of EUR). In comparison with the same period of 2012 the loss before taxes has decreased 2.2 times. During the same period in 2012 the result was 1.43 million LTL (0.41 million EUR) loss before taxes.

During the year the Group has actively invested in presentation of new products to the market. New naturally fermented sparkling wine from quality wine grapes „Alita Rose“ and „Alita Cabernet Saugvinon“, new sparkling wine drink “Santa Verona”, premium class brandy “Pure Brandy Black” were introduced, the line of alcoholic cocktails “Mix” was extended with new flavors and a wide range of products received updates.