Litgrid’s income increases by 12% in H1; LESTO’s EBITDA grew by 7.5%

Litgrid Group reported an income of 234.8 million litas in January-June 2012, an increase by 12% as compared to January-June 2011, when the figure stood at 108.5 million litas, the company said in a statement. Lithuanian distribution network operator LESTO Group's EBITDA (Earnings before interest, taxes, depreciation and amortization) amounted to 201.1 million litas during the first half of 2012, which was 7.5% more than last year during the same period, the company said in a statement.... Read more...