Net profit from continued operations for the period amounted to LTL 15.9 million (EUR 4.6 million), EBITDA from continued operations was LTL 29.9 million (EUR 8.7 million), which is an increase by 19% and 2% accordingly.
Reorganisation of part of the Group in Spain accordingly to Group's standards with aim to increase operating profitability is ongoing. Also, the company proceeds actively with negotiations for acquisition of residential facility management companies in Poland, Spain and Latvia, commented Jonas Janukenas, General Director of City Service.