FinancialResults

Iute delivers strong 9-month results with rising revenue and profit

Iute Group, headquartered in Estonia and offering credit, payment and insurance brokerage services in Southeast Europe, increased its revenue by 9% and net profit by 13% during the first nine [..]

Thirteen Lithuanian companies reported net profits of over EUR 100 million last year (media)

Thirteen Lithuanian companies crossed the symbolic threshold of 100 million euros in profit last year, while another 12 posted profits between 50 million and 100 million euros, with most reporting [..]

Signet Bank Group closes 2024 with dynamic growth, increases operating income by 56%

In 2024, Signet Bank Group (further – the Group) continued its rapid development, expanding its activities in the corporate and capital market financing segments, as well as making strategic acquisitions. [..]

Rietumu Banka posts profit figures

Latvia’s Rietumu Banka has released figures to show that it earned a profit of EUR 12.923 million in 2024, which was 2.2% more than in 2003. The Rietumu Banka Group [..]

Eleving Group posts results data

Eleving Group is a Baltic-based but global provider of vehicle and consumer financing, and it has set a target of an annual increase by 19-20% in its net portfolio and [..]

Lithuania’s Novaturas Group sees revenue drop 7 pct to EUR 130 mln in Jan-Aug

The group of Novaturas, the leading tour operator in the Baltic countries, posted 129.5 million euros in revenue for January-August, a drop of 7 percent from 139.6 million euros a [..]

Rimi Lithuania H1 revenue up 5.4 pct to EUR 230 mln

Rimi Lietuva, one of Lithuania’s biggest supermarket chains, posted a 5.4 percent annual increase in revenue to 230.3 million euros, excluding VAT, for the first half of this year. In [..]

Lithuania’s Vilvi Group lifts Jan-Jul sales 15 pct to EUR 137 mln

Vilvi Group, a leading Lithuanian dairy group, said on Monday that its revenue for January-July rose by 15 percent year-on-year to 137.36 million euros. Monthly revenue in July surged by [..]

Turnover of Getlini Eko down 0.5% in H1

Getlini Eko, the operator of Getlini landfill, turned over EUR 24.309 million in January-June, which is 0.5 percent less than in the same period last year, while the company’s profit [..]

Olympic Casino boosts 2023 profit as online gambling market expands

Olympic Casino Group Baltija, a Lithuanian gambling company, saw its net profit rise 35 percent to 6.9 million euros last year, from 5.1 million euros in 2022, as the online [..]

Getlini Eko turnover down 3.3% in January-September

Getlini Eko, the operator of Getlini landfill, turned over EUR 36.602 million in January-September, which is 3.3 percent less than in the same period last year, while the company’s profit [..]