Telia: Interim Management Statement
16/11/2010 8:11
At the meeting held on November 15, 2010, the Board of Directors of Telia Aqua Marine Public Ltd examined and approved the Interim Management Statement, pursuant to the provisions of the Transparency Requirements Law 2007.
The sales of our units in Liopetri and Vasiliko during the period 1/7/2010-31/10/2010 stood at €2,319,252 compared to €1,555,930 in the corresponding period of 2009.
The accumulated sales of our units in Liopetri and Vasiliko for the same period stood at €4,545,508 compared to €4,622,710 in the corresponding period of 2009.
The volume of production will stand at the same level as in 2009.
The capital expenditure for the two units during the period stood at €110,000.00 for the equipment in the cages and €20,000.00 for the hatchery, the packing plant and the offices. Those expenses are part of the investment plan for the improvement of productivity and the better sales of fish and spawn. The sales in 2010 are expected to be at the same level as in 2009. The results of the Group’s profitability will be positive.
During the period covered by the second Interim Management Statement, there were no profits or losses from non-recurrent activities that do not fall under the Companies’ activities.
Finally, it is noted that the main risks and uncertainties that the companies are exposed to are those described in the audited financial statements for 2009.
The sales of our units in Liopetri and Vasiliko during the period 1/7/2010-31/10/2010 stood at €2,319,252 compared to €1,555,930 in the corresponding period of 2009.
The accumulated sales of our units in Liopetri and Vasiliko for the same period stood at €4,545,508 compared to €4,622,710 in the corresponding period of 2009.
The volume of production will stand at the same level as in 2009.
The capital expenditure for the two units during the period stood at €110,000.00 for the equipment in the cages and €20,000.00 for the hatchery, the packing plant and the offices. Those expenses are part of the investment plan for the improvement of productivity and the better sales of fish and spawn. The sales in 2010 are expected to be at the same level as in 2009. The results of the Group’s profitability will be positive.
During the period covered by the second Interim Management Statement, there were no profits or losses from non-recurrent activities that do not fall under the Companies’ activities.
Finally, it is noted that the main risks and uncertainties that the companies are exposed to are those described in the audited financial statements for 2009.
