AB Vilniaus degtine reported earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported sales revenue excluding excise tax was EUR 5,707,965 against EUR 5,349,929 a year ago. Operating profit was EUR 514,845 against EUR 312,190 a year ago. Profit before tax was EUR 462,297 against EUR 303,076 a year ago. Profit for the period was EUR 392,342 against EUR 285,117 a year ago. EBITDA was EUR 956,687 against EUR 565,769 a year ago. ROE (return on equity) was 2.74% against 2.28% a year ago. ROA (return on assets) was 1.46% against 1.31% a year ago. Better sales performance during the first quarter of 2017 was mainly influenced by export growth, introduction of renewed, Bajor Klasikin product line at the end of the year 2016. Sales revenue was EUR 16,974,187 against EUR 14,601,335 a year ago. Basic and diluted earnings per share were EUR 0.02 against EUR 0.01 a year ago. EBITDA growth was mainly influenced by the efficiency improvement and additional investment made in 2016 in the only Lithuania Obeliai Distillery (branch of AB Vilniaus degtin).