AB Vilniaus Degtine reported earnings results for the first quarter ended March 31, 2016. For the quarter, sales revenue excluding excise tax was EUR 5,349,929 against EUR 4,684,379 for the same period prior year, an increase of 14.21%. Gross profit was EUR 1,719,523 against EUR 1,483,946 for the same period prior year, an increase of 15.88%. Operating profit was EUR 312,190 against EUR 171,162 for the same period prior year, an increase of 82.39%. Profit before tax was EUR 303,076 against EUR 176,255 for the same period prior year, an increase of 71.95%. Profit for the period was EUR 285,117 against EUR 156,496 for the same period prior year, an increase of 82.19%. Gross profit margin ratio was 32.14% against 31.68% for the same period prior year, an increase of 0.46%. Operating profit margin ratio was 5.84% against 3.65% for the same period prior year, an increase of 2.19%. Profit before tax margin ratio was 5.67% against 3.76% for the same period prior year, an increase of 1.91%. Profit for the period margin ratio was 5.33% against 3.34% for the same period prior year, an increase of 1.99%. EBITDA was EUR 565,769 against EUR 386,163 for the same period prior year, an increase of 46.51%. EBITDA margin ratio was 10.58% against 8.24% for the same period prior year, an increase of 2.34%. Return on equity was 2.28% against 1.40% for the same period prior year, an increase of 0.88%. Return on assets was 1.31% against 0.80% for the same period prior year, an increase of 0.51%.