Russia: The number of Baltika stocks changed

From June 27 the number of common stocks released by Russian brewing giant Baltika was changed due to the registration numbers of the additional issues being annulled, the company informed, AK&М communicated on June 27th.

Before the changes the number reached 159170667 stocks; after the changes - 161543144.

Baltika is a leader on the brewery market. It involves 10 plants and 4 entities. The major holder is Baltic Beverages Holding AB (ВВH) having 86.32% in share capital and 91.48% votes.

The 2006-sales gained 1.8mln Gcal or 27% higher prior year. The IQ net profit (IAS) increased 54% to 57.4mln euro; revenues from sales being up 46.1% to 408.6mln euro; EBITDA - 50.7% to 113mln euro; EBITDA margin - 0.8 points to 27.7%.

The share capital in 2006 was worth 172.71mln rub. split in 159170667 common and 13540115 preferred stocks of 1 rub. par.

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