This post was automatically translated into English
Eika Group of Companies adjusts annual profit forecasts.
Eika Group of Companies adjusts annual profit forecasts.
Vilnius, 2007.07.11. The good consolidated financial results of the Eika Group of Companies, which consists of the real estate development company “Eika”, the construction company “Eikos statyba” and the engineering equipment company “Inžinerinės idėjos”, for the first half of this year are forcing the companies to adjust their annual profit forecasts. The companies expect to receive LTL 10 million more in sales revenue than planned this year.
During the first half of this year, UAB “Eika”‘s sales revenue reached LTL 88.37 million, and that of the company “Eikos statyba” – LTL 27.9 million. The youngest company in the group of companies “Inžinerinės idėjos”, operating on the market since December last year, has not yet published its financial indicators.
The annual revenue forecast of the group of companies is already being increased to LTL 146 million. All three companies currently employ 327 people.