Posts tagged as Turnover

LMT turnover increased by 6.4% in 2019

Monday, May 25, 2020

Mobile operator “Latvijas Mobilais Telefons” (LMT) in 2019 reached a turnover of EUR 186.099 million, which is 6.4% more than in 2018, according to Firmas.lv information on May 25. The company’s profit increased by 9.3% and was EUR 30.566 million. Revenue from network and roaming increased by 5.5% in 2019, revenue from goods and services by 15.5%, revenue from interconnections decreased by 6.4%, while the amount of discounts granted increased…

Tele2 turnover increased by 4% in 2019

Friday, May 22, 2020

Mobile operator Tele2 reached a turnover of EUR 136.669 million in 2019, up 4% compared to 2018, according to Firmas.lv information on May 22. The company’s profit rose by 2% and was EUR 31.519 million. Tele2 revenue from communications services increased by 5.4% in 2019, while the company’s revenue from sales of goods and other services decreased by 0.6%. In accordance with a decision made at a shareholder meeting, Tele2’s profits were…

Foreign trade turnover changes in Latvia: exports drop and imports grow in May

Wednesday, July 10, 2019

In May 2019, the foreign trade turnover of Latvia amounted to EUR 2.5 billion, which at current prices was 3.5 % more than in May 2017, of which the exports value of goods was 2.6 % lower, but imports value of goods was 8.6 % higher. In May, Latvia exported goods in the amount of EUR 1.07 billion, but imported – in the amount of EUR 1.43 billion. Compared to…

Turnover of Pindstrup Latvia peat company grows 3.1% in FY

Saturday, February 2, 2019

The company’s management noted that last year, Pindstrup Latvia lost 71,000 cubic meters of peat as a result of a major fire that broke out at the company’s largest peat field Lielsalu Purvs on July 17, 2018. The company’s insurer has confirmed that the losses from the fire would be compensated. Last financial year, Pindstrup Latvia invested EUR 2.3 mln in real estate, production equipment and other long-term assets.Commenting on the company’s future perspectives, Pindstrup…

Turnover of Stenders cosmetics maker drops 11% last FY

Friday, August 17, 2018

The company’s management said that the last fiscal year brought significant transformations as both the owner and management board of Stenders changed. After considerable growth in terms of volumes, in the second half of the fiscal year the company concentrated on optimization, focusing particularly on its profitable business segments. In Latvia, the company’s home market, Stenders renovated its existing shops and replaced its outlets at two shopping centers, as well…