The Warsaw Stock Exchange awarded Novaturas Group a special prize for last year’s dual-listing on the stock exchanges in Warsaw and Vilnius. The award was presented to Novaturas CEO Audronė Keinytė during the 2018 Stock Market Review Gala on 26 February 2019.
Novaturas Group’s revenue for 2018 reached almost EUR 182 million and was 29% higher than in 2017. Last year’s EBITDA amounted to EUR 8 million, compared to EUR 10.6 million a year earlier, and the consolidated net profit stood at EUR 5.4 million vs. EUR 8.2 million in 2017. The Group’s profitability was affected by abnormal weather conditions in all Baltic countries during the summer season and additional costs incurred in Q4 2018 related to the replacement of troubled Small Planet Airlines as the Group’s aviation partner in Lithuania.
This week Nasdaq has announced the winners of the “Nasdaq Baltic Awards 2019“. For the first time stakeholders were also honored for their contributions to the sustainable growth of the Baltic capital markets. The largest tour operator in the Baltics, “Novaturas”, has been awarded for its debut in the Baltic Main market in Lithuania.