Lithuania: Achemos Grupe earned less profit

05.05.2017

Lithuania: Achemos Grupe earned less profit
Delfi - Lithuania, 05 May 2017, online:-
The Lithuanian industrial and logistics group, Achemos Grupe (Achema Group), has reported consolidated revenues of EUR 691mn for 2016, which was down 15.1% from EUR 841mn in 2015. The group's EBIT contracted 2.4-fold to EUR 42mn. The fertilizer manufacturer Achema of Achemos Grupe, earned EUR 5.269mn net profit for 2016, which was a drop from EUR 65.221mn from the year before, while revenues dropped to EUR 359.253mn from EUR 562.583mn in 2015.
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