Akmenes lifts Jan-Nov sales to EUR33m

Akmenes lifts Jan-Nov sales to EUR33m
Published: 20 December 2005

Lithuania’s only cement manufacturer, posted sales of LTL113.93m EUR 33m) for the first 11 months of this year, a rise of 16 per cent from sales of LTL98.25m a year earlier. 
 
Sales for November jumped by 43.1 per cent YoY to LTL10.56m. "Sales rose both in the domestic and foreign markets thanks to growth in the construction sector," Akmenes Cementas CEO Arturas Zaremba said. 
 
The company’s major export markets include Latvia, Russia’s Kaliningrad region and Finland. The cement manufacturer’s net profit dropped to LTL3.956m last year, although sales increased by 16 per cent to LTL103.98m.