Latvia’s food and catering company Lido earned revenues of EUR 59.715 million during the last financial year, which ran from May 1, 2023, to April 30, 2024. This was 14.9% more than during the previous financial year, with the company’s profits rising 2.2 times over to EUR 3.023 million, according to the Firmas.lv portal.
During the previous financial year, Lido revenues from services amounted to EUR 50.099, with EUR 8.079 million coming from wholesale services and EUR 1.536 from other types of operating income.
Lido earned revenues of EUR 56.411 million in Latvia, EUR 2.949 million in Estonia, and EUR 354,500 from sales and services in other countries.
Company management say that last year was Lido’s most successful year in history. The company plans to continue to develop its catering services and its wholesale food business.
Source: BNS
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