Dla mediów
Aktualności i komunikaty prasowe
30
Maj
Q1 2023 results of Novaturas Group: steady growth and updated positive financial forecast
Novaturas Group, the leader in the Baltic tourism market, recorded solid growth in the first quarter of this year, one of the best quarters in the company’s history. The diversified and broadest destination programme in the region as well as the efficient cost management allow to update the financial forecast for 2023. The expected EBITDA of EUR 3–5 million, announced at the beginning of the year, has been adjusted to a forecast of EUR 4–6 million.
15
Maj
Preliminary April results of Novaturas: sustainable implementation of the annual programme, increased early bookings for winter
This April, Novaturas Group, the leader in the Baltic tourism market, recorded revenues of EUR 19 million, which is up 8.6 per cent compared to EUR 17.5 million in the same month of 2022. The company served around 26 thousand customers in April. In total, in the period from January to April, the Group recorded 54.9 million in revenue, up 7.6% compared to the same period in 2022, and 63.9 thousand customers, up 3.9% compared to the same period last year.
20
Kwiecień
Novaturas Group growth strategy: business expansion through technologies, sustainability and attention to clients & employees
The biggest tour operator in the Baltics, Novaturas Group, has introduced a new business strategy for 2023-2025. The company, having successfully survived the downturn of the tourism industry, has raised ambitious goals for growth and regional leadership, focusing on four main areas: technological advancement, improvement of traveler experience & choices, more sustainable trips and involvement of the whole team.
14
Kwiecień
Preliminary March results of Novaturas: a solid first quarter and increased travel offering volumes
This March, Novaturas Group, the leader in the Baltic tourism market, recorded revenues of EUR 13.8 million, which is up 27 per cent compared to EUR 10.9 million in March 2022. The company served around 15.5 thousand customers, which is an increase of 9.7 per cent, or 1.4 thousand passengers, compared to the same period last year.
12
Kwiecień
Novaturas increases its offering volumes to Montenegro and Tunisia - interest in these destinations grows
Novaturas Group, the leader in the Baltic tourism market, is increasing its offering volumes to Montenegro and Tunisia in response to the growing demand for these destinations. The company announces the launch of additional flights to these destinations and new travel offers in May and June. The increase in travel offering from Lithuania to Montenegro these coming months is around 20 per cent and to Tunisia around 30 per cent compared to the volumes planned earlier for this summer season.
04
Kwiecień
Novaturas launches early booking sales to key destinations for the next winter
Novaturas Group, the largest tour operator in the Baltic States, is launching early bookings for the 2023–2024 winter season. From 4 April, travellers can buy travel packages to the three main winter holiday destinations: Egypt, Tenerife and the Portuguese island of Madeira. In addition, early bookings for the winter season sightseeing trips by plane and coach, including more than 20 new destinations, start on this day.
15
Marzec
Preliminary February results of Novaturas: a strong finish of the year provides a solid foundation for sustainable growth
This February, Novaturas Group, the leader in the Baltic tourism market, recorded revenues of EUR 12.8 million, which is up 36 per cent compared to EUR 9.4 million in February 2022. This February, the company served around 12.2 thousand customers, which is an increase of 6.4 per cent, or 0.7 thousand passengers, compared to the same period last year.
13
Marzec
Changes in the team of Novaturas: focus on data-driven organisation, financial management and technological progress
Novaturas Group, the largest tour operator in the Baltic States, announces changes in its management team. On 13 March, Vygantas Reifonas, who has many years of experience in this field, takes up the position of Chief Financial Officer (CFO) and joins the company’s management board. Arūnas Žilys, who has held this position until now, takes over the Head of Analytics of the Group in order to strengthen data integration in company’s operations and implement advanced pricing solutions.
27
Luty
The 2022 results of Novaturas Group: challenge management, significant customer growth and double revenues
2022 was a year of managed challenges for Novaturas Group, the leader in the Baltic Tourism market. Its ambitious goals at the start of the year were adjusted by the war in Ukraine and the resulting slowdown in travel demand, as well as the drastic rise in jet fuel prices, which led to a temporary loss. However, timely and targeted decisions helped to significantly improve the performance in the second half-year.
21
Luty
Novaturas CEO: solid sales at tourism fairs are a strong foundation for a successful summer season
Novaturas Group, the leader in the Baltic tourism market, shares that the tourism fairs traditionally held in Lithuania, Latvia and Estonia from the end of January to mid-February have been very successful this year. The company estimates that group-wide sales at the fairs are up by almost 40 per cent compared to last year and more than 20 per cent higher than in 2019.
15
Luty
Novaturas announces preliminary results for January: favourable travel planning behaviour and steadily growing income
This January, Novaturas Group, the leader in the Baltic tourism market, generated EUR 10.7 million in revenue, which is 45 per cent more than the EUR 7.4 million recorded in January 2022. This continues the marked growth in advance bookings that already began to be observed in autumn and is closely related to the customer habit of planning trips farther and farther in advance. The company estimates that this January, it sold 25 per cent more trips for the upcoming summer than it did last year; it also exceeded its 2019 results.
13
Luty
After record growth last year, Novaturas is recognised by Nasdaq for excellence in overcoming challenges
Novaturas Group, the leader in the Baltic tourism market, was recognised at the Nasdaq Baltic Awards 2023 as the company that did the best job overcoming recent challenges and managing market change. Novaturas won the title of “The Challenge of the Year” – an award specially established by Nasdaq Vilnius for the most significant contribution to the development of the Lithuanian and Baltic capital markets. The income achieved in 2022 reflects the company’s balanced and targeted growth.
02
Luty
AB “Novaturas” financial calendar for the year 2023
AB “Novaturas” plans to publish regulated and investors related information for the year 2023 on the following dates.
13
Styczeń
Preliminary December results of Novaturas: the number of passengers in long haul destinations doubled
Preliminary December results of Novaturas: the number of passengers in long haul destinations doubled.
30
Grudzień
Novaturas offers all employees a stock option programme
AB Novaturas, the leading tour operator in the Baltic States, was the first in the Lithuanian tourism market to introduce a stock option programme to all employees. From now on, they will be able to buy stocks in the company at a price lower than the market price.
15
Grudzień
Novaturas announces preliminary results for November: a well-planned start to the winter season
In November this year, Novaturas Group, the leader in the Baltic tourism market, generated a revenue of EUR 8.6 million, a 10% increase compared with November 2021, when revenue reached EUR 7.8 million. The Group’s revenue growth was achieved despite a lower number of customers served (9,800 versus 11,600).
21
Listopad
Novaturas team welcomes Rasa Barisienė, the new Sales Director
Novaturas, the largest tour operator in the Baltic States, is strengthening its top management team. Rasa Barisienė, who has many years of experience in the tourism industry, joins the company as the Sales Director as of 21 November. She will replace Albert Zinevič who has held this position to date.
17
Listopad
Novaturas group financials for 9M 2022: Strong comeback after challenging Q2
After a more challenging first half, we returned to the path of profitable activity in July-September, with EBITDA reaching EUR 2.1 million in Q3, which is more than 10 times higher than during the same period in 2021, and 63 per cent more than Q3 2019 results. This was accomplished by responding to changing customer preferences and optimising the travel offers accordingly, improving the punctuality of flights in Estonia, achieving a higher average package price, and responding to fluctuations in jet fuel prices in a timely manner.
15
Listopad
Preliminary sales results for October 2022: record revenues and a solid foundation for a successful 2023 summer season
In October, Novaturas Group served 31 000 customers and achieved the record revenues of EUR 25 million. By comparison, the figures in October 2021 were 27 thousands customers and EUR 19 million in revenues. In total, the company served 248 thousands customers in January–October this year, which is 64% more than in the same period in 2021. The total turnover for the period January–October this year reached EUR 178 million, which is double the results for the respective period in 2021.
14
Październik
Preliminary financial results for 09 month of 2022 - record breaking revenue in the history of Novaturas
In September, “Novaturas” group served 32 thousand customers, and the group’s revenue amounted to EUR 24 million. In total, during January – September, the company served 216 thousand customers, 75% more than the same period last year. Cumulative January – September turnover reached EUR 153 million and was twice higher than the corresponding time in 2021.
11
Październik
AB "Novaturas" launches early bookings for summer 2023: strengthening competitive advantages and customer focus
On 11 October, AB "Novaturas", leader of the tourism market, presents the 2023 summer holiday season and introduces new holiday destination that is returning to the portfolio - Barcelona. At the same time, the group of companies strengthens its competitive advantage in the Baltic States by offering not only a wide package of additional benefits during early bookings, but also the lowest price guarantee service.
15
Wrzesień
Preliminary financial results for 08 month of 2022 - focus on aviation and high traveler reliance
In August, “Novaturas” group served 27 thousand customers, and the group’s revenue amounted to EUR 18 million. In total, during January – August, the company served 185 thousand customers, 2 times more than the same period last year. Cumulative January – August turnover reached EUR 129 million and was more than twice higher than the corresponding time in 2021.
18
Sierpień
Novaturas group financials for 6M 2022: high fuel prices effected company' profitability
Novaturas group started 2022 with strong sales results. The income generated during the first half of 2022 surpassed both the results for the same period in 2021 and the pre-pandemic results in 2019. The company generated EUR 92M of income during the first half-year of 2022 and served 128K travelers throughout the entire group. However, rapidly increasing aviation fuel prices had a negative impact on profitability figures and therefore the EBITDA was negative and reached EUR 750K.
12
Sierpień
Preliminary financial results for 07 month of 2022
In July, “Novaturas” group served 30 thousand customers, and the group’s revenue amounted to EUR 21 million. In total, during January – July, the company served 158 thousand customers, 2 times more than the same period last year. Cumulative January – July turnover reached EUR 111 million and was 2.5 times higher than the corresponding time in 2021.
15
Lipiec
Preliminary financial results for 06 month of 2022
In June, “Novaturas” group served 32 thousand customers, and the group’s revenue amounted to EUR 23 million. In total, during January – June, the company served 128 thousand customers, 4 times more than the same period last year. Cumulative January – June turnover reached EUR 90 million and is almost 3 times higher than the corresponding time in 2021.
15
Czerwiec
Preliminary financial results for 05 month of 2022
In May, “Novaturas” group served 35 thousand customers, and the group’s revenue amounted to EUR 22 million. In total, during January-May, the company served 96 thousand customers, 3 times more than the same period last year. Cumulative January-May turnover reached EUR 67 million and is almost 4 times higher than the corresponding time in 2021.
13
Maj
Preliminary financial results for 04 month of 2022
In April, “Novaturas” group served 25 thousand customers, and the group’s revenue amounted to EUR 17.5 million. In total, during January-April, the company served 61.5 thousand customers, 222% more than the same period last year. Cumulative January-April turnover reached EUR 45 million and was 278% higher than the corresponding time in 2021. The company exceeded the results of pre-pandemic year, compared to the corresponding period of 2019 the revenue grew by 3%.
09
Maj
Arūnas Žilys becomes the new CFO of “Novaturas” group
The leading tour operator in the Baltics AB “Novaturas” announces the changes in the company's top executives’ team. As of the 9th of May 2022, Arūnas Žilys takes on the position of chief financial officer. Arūnas also joins the company's top executes team.
28
Kwiecień
“Novaturas” group financials for the Q1 2022: strong start of 2022 despite facing new uncertainties
The leading tour operator “Novaturas” has started 2022 with solid sales results. In the last month of the first quarter, the group for the first time since the beginning of the pandemic, have exceeded the results of the same month of 2019 in terms of number of travelers served and the revenues generated. However, globally rising aviation fuel prices have adjusted the company's profitability ratios.
22
Kwiecień
“Novaturas” intends to take over the bookings of “Kidy Tour” travelers
The leading tour operator in the Baltic states AB “Novaturas” intends to take over tour operator’s “Kidy Tour” obligations to the travelers who have booked their summer vacations in Turkish, Greek, and Bulgarian resorts.
15
Kwiecień
Preliminary financial results for 03 month of 2022
In March, “Novaturas” group served 14.2 thousand customers, and the group’s revenue amounted to EUR 10.9 million. In total, during January-March, the company served 36.4 thousand customers, 11% less than the same period in pre-pandemic 2019. Cumulative January - March turnover reached EUR 27.6 million and was only by 4% lower than the corresponding time in 2019.
13
Kwiecień
“Novaturas” launches early booking sales to key destinations for the 2022-2023 winter season
The leading tour operator in Baltic states AB "Novaturas" launches its first early booking sales for the winter season of 2022-2023. From the 12th of April, travelers can buy travel packages and flight tickets to main winter holiday destinations: Egypt, Tenerife and the Portuguese island of Madeira.
01
Kwiecień
“Enlight Research” initiate coverage on AB “Novaturas”
AB “Novaturas” announces that “Enlight Research” an investment research company providing high quality analysis to private and institutional investors, has added “Novaturas” group to its list of researched companies and initiated equity research coverage. The research provides insights on the company's business prospects, their evaluation and forecasts. The research is available on “Enlight Research” (link) and “Novaturas” group (link) websites.
15
Marzec
Preliminary financial results for 02 month of 2022
In February, “Novaturas” group served 11.5 thousand customers and group’s revenue amounted to EUR 9.4 million. During the second month of the year the company has operated flights from the Baltic markets to Egypt, Tenerife, Madeira, United Arab Emirates, skiing resorts in France and Italy and long-haul destinations - Cuba, Mauritius, Thailand, Mexico, and Zanzibar. In January 2021 “Novaturas” group renewed flight programs from Lithuania and Estonia to Egypt and Tenerife.
01
Marzec
AB “Novaturas” announcement: the group does not operate in Russia and Belarus and organizes assistance to travelers from Ukraine that are trapped abroad
The largest tour operator of local capital in the Baltic States AB “Novaturas” in response to Russia's aggression against Ukraine informs that the company has not suffered any significant disruptions to date and is operating smoothly. Following the closure of the Ukrainian airspace for civilian aviation, flights routes have been corrected in compliance with European Aviation Safety Agency recommendations to bypass the Ukrainian airspace with the safe distance of 200 km. Due to the mentioned reasons, the duration of flights have slightly extended, but are not canceled, and summer holiday program does not change.
15
Luty
Preliminary financial results for 01 month of 2022
During January, “Novaturas” group served 10.7 thousand customers and group’s revenue amounted to EUR 7.2 million. During the first month of the year the company has operated flights from the Baltic markets to Egypt, Tenerife, United Arab Emirates, skiing resorts in France and Italy and long-haul destinations - Cuba, Mauritius, and Mexico. In January 2021 “Novaturas” group due to the restrictions caused by the virus was forced to temporarily suspend its operations.
08
Luty
“Novaturas” Group Reports Results for 2021: Gradual Recovery of the Tourism Industry and Optimistic Forecasts for 2022
2021 was a year of a rapid recovery for the tour operator “Novaturas”: the lifting of travel restrictions revived the market. Changes implemented during the pandemic allowed the company to make the most of its growth opportunities.
26
Styczeń
Vitalij Rakovski becomes the new head of “Novaturas” group
The leading tour operator in the Baltics AB “Novaturas” announces the changes in the company's TOP executives’ team. Starting from the 26th of January 2022, Vitalij Rakovski takes over the position of general manager. He replaces Audronė Keinytė who have held this position since the January 2019.
14
Styczeń
Preliminary financial results for 12 months of 2021
In December, “Novaturas” group operated flights from the Baltic markets to Egypt, Tenerife, United Arab Emirates, Cuba, Mauritius, Mexico, and Seychelles. During December, the company served 9.5 thousand customers. Group revenue in December amounted to EUR 7.4 million.
12
Styczeń
After 22 years of operation AB "Novaturas" renewed its logo
The largest tour operator in the Baltics “Novaturas” introduces renewed and modernized company logo. The new logo does not include capital letters but retains the colors and symbols that are recognizable to the public. The company used the previous trademark for more than two decades.
15
Grudzień
Preliminary financial results for 11 months of 2021
In November, “Novaturas” group operated flights from the Baltic markets to Egypt, Tenerife, Madeira, Cuba, Mauritius, Mexico, and Seychelles. During November, the company served 11.6 thousand customers. Group revenue in November amounted to EUR 7.7 million.
17
Listopad
“Novaturas” group redeems the remaining part of convertible bonds worth 2.5 million euros
The leading tour operator in the Baltics AB “Novaturas” redeems the remaining part of issued convertible bonds worth EUR 2.5 million. The group has redeemed the entire EUR 5 million worth emission of convertible bonds. The Company redeemed the convertible bonds before the terms agreed without any additional restrictions.
16
Listopad
AB “Novaturas” introduces summer 2022 holiday season: 20 summer holiday destinations available
The leading tour operator in the Baltics “Novaturas” introduces summer 2022 holiday season in all the markets. During the early bookings of summer 2022, travelers from all the Baltics will be able to choose from 20 different holiday destinations available.
15
Listopad
Preliminary financial results for 10 months of 2021
In October, “Novaturas” group operated flights from the Baltic markets to Turkey, Greek islands, Italy, Portugal, Spain, Egypt, and Mexico. During October, the company served 27.3 thousand customers. Group revenue in October amounted to EUR 19.4 million.
11
Listopad
AB “Novaturas” strengthens its management team in Latvia
Leading tour operator in the Baltics AB “Novaturas” is strengthening its management team in Latvia. Sanda Roze with accumulated extensive experience in sales is joining the company as head of sales. Sanda will also be responsible for the organization of the Latvian office activities.
27
Październik
Novaturas group financials for 9M: holiday destinations portfolio approached the pre-pandemic period
During the first 9 months of this year, the company earned EUR 1.1 million net profit, while in the same period last year incurred a loss of EUR 3.7 million. The group's EBITDA during the first three quarters reached EUR 1.98 million, compared to a loss of EUR 1.58 million in the same period last year.
15
Październik
Preliminary financial results for 9 months of 2021
In September, “Novaturas” group operated flights from all the Baltic markets to Turkey, Greek islands, Montenegro, Italy, Portugal, and Egypt. During September, the company served 24.8 thousand customers. Group revenue in September amounted to EUR 15.5 million.
14
Październik
AB “Novaturas” sales director Albert Zinevič joins Top executives’ team
Leading tour operator in the Baltic states AB “Novaturas” is expanding its management team. Albert Zinevič, sales director, joins Top executives’ team.
22
Wrzesień
AB “Novaturas” launches additional travel protection service "Self-isolation pause"
Considering the conditions dictated by the market and travelers, the leading tour operator in the Baltic States launches a new service "Self-isolation pause". This service allows the travelers to change the date, direction, or hotel of a purchased trip if, in case of a close contact with coronavirus infected person, the travelers have the obligation to isolate themselves.
15
Wrzesień
Preliminary financial results for 8 months of 2021
In August, “Novaturas” group operated flights from Lithuania, Latvia, and Estonia to Turkey, Greek islands, Bulgaria, and Montenegro. During August, the company served 26.4 thousand customers. Group revenue in August amounted to EUR 15.3 million.
08
Wrzesień
AB “Novaturas” repays a long-term bank loan earlier the terms agreed
The leading tour operator in Baltic states “Novaturas” repays a long-term loan to “Luminor Bank” AS. On the 7th of September 2021 the company returned the remaining EUR 3.04 million before the terms agreed.
06
Wrzesień
Changes in AB “Novaturas” TOP executives’ team
The leading tour operator in the Baltic states “Novaturas” announces changes in the company's top executives’ team. Since the 6th of September 2021 CFO and member of TOP executives team Tomas Staškūnas leaves “Novaturas” group. Giedrius Ribakovas, a long-term employee starts as company’s head of Finance.
03
Wrzesień
AB “Novaturas” has supplemented long-haul holiday destinations program with new exotic countries
The leading tour operator in the Baltic States “Novaturas” has supplemented long-haul holiday destinations program with new exotic countries - Mauritius, Zanzibar, Mexico, and Cuba.
16
Sierpień
Preliminary financial results for 7 months of 2021
In July, “Novaturas” group operated flights from Lithuania, Latvia, and Estonia to Greek islands, Turkey, Bulgaria, and Montenegro. During July, the company served more than 26 thousand customers, i. e. 55% more than in June. Group revenue in July amounted to EUR 15.1 million.
13
Sierpień
AB “Novaturas” resumes flight programs to skiing resorts
The leading tour operator in the Baltic States “Novaturas” resumes flight programs to Italian and French skiing resorts. Flights will be operated once a week from all Baltic countries.
29
Lipiec
Novaturas group financials for 6M 2021: recovery of the tourism sector
During the first 6 months of this year, the company earned 1.1 million euros net profit, while in the same period last year suffered a loss of 2.2 million euros. EBITDA ratio during this half year reached 1.8 million euros, compared to a loss of 0.8 million euros in the same period last year. While comparing these profitability indicators with the same period of 2019, the results achieved back then were more modest, EBITDA amounted to 1.7 million euros, and net profit reached 0.4 million euros. During the first half of 2021 the supply of holiday destinations available gradually became similar to the usual one of the pre-pandemic years.
15
Lipiec
Preliminary financial results for 6 months of 2021
In June, “Novaturas” Group operated flights from Lithuania, Latvia, and Estonia to Turkey, Greek islands, Bulgaria, and Montenegro. During June, the company served 17 thousand customers, i. e. 7 thousand more than in May. Group revenue in June amounted to EUR 10.5 million.
16
Czerwiec
The investment for issued bonds emissions has reached “Novaturas” group
The leading tour operator in the Baltic States “Novaturas” announced in February about signed EUR 10 million investment agreement in company’s’ bonds with the State Investment Management Agency for a period of six years. Almost a month ago, the leader of the tourism sector received the first part of the investment – EUR 5 million for ordinary bonds emission. On the 15th of June, “Novaturas” group received the second part of the investment for convertible bonds worth EUR 5 million. The company will allocate the first part of the investment received for ordinary bonds to its strategic priorities - development of relations with partners abroad, strengthening e company's positions in the holiday destinations and improvement of the e-commerce system.
15
Czerwiec
Preliminary financial results for 5 months of 2021
In May, “Novaturas” Group operated flights from Lithuania, Latvia, and Estonia to Turkey and Greek islands. During May, the Company served 9.9 thousand customers. In total, during January - May, the Company served 29 thousand customers - 7% less than last year and 71% less than in 2019. Group revenue in May amounted to EUR 6.7 million. Cumulative January - May turnover reached EUR 18,6 million and was 20% and 71% lower than the corresponding time last year and in 2019.
10
Czerwiec
The smallest tick size has been applied to AB “Novaturas” shares
The shares of the largest tour operator in the Baltics AB “Novaturas” on the “Nasdaq Baltic” Stock Exchange have been applied with the smallest tick size, which amounts to EUR 0.001 cents. Until the 9th of June 2021, the applied tick size was EUR 0.05 cents when the price for the share is EUR 5 and more per 1 unit.
14
Maj
Preliminary financial results for 4 months of 2021
In April, “Novaturas” Group resumed flights from Lithuania, Latvia, and Estonia to the most popular summer destination – Turkey. During April, the Company served 10.2 thousand customers. In total, during January - April, the Company served 19 thousand customers - 31% less than last year and 71% less than in 2019. Group revenue in April amounted to EUR 6.4 million. Cumulative January - April turnover reached EUR 12 million and was 49% and 72% lower than the corresponding time last year and in 2019.
13
Maj
AB “Novaturas” opens summer 2022 early booking sales to three most popular holiday destinations
The leading tour operator in the Baltic states launches summer 2022 holiday season early booking sales in May. Primarily “Novaturas” opens the most popular three holiday destinations - Turkey, Greece, and Bulgaria - to the travelers who are already planning their holidays next year.
10
Maj
AB “Novaturas” resumes flights from all the Baltics to Greece from the mid of May
The leading tour operator in the Baltic States “Novaturas” from the middle of May resumes flights to Greek islands. The largest flight program is planned from Lithuania.
28
Kwiecień
Novaturas Group financials for Q1 2021: restart of business
In the first quarter “Novaturas” group main focus was dedicated to the resumption of operations in all the core markets to which the Company have been intensively preparing. In fact, 2021 holiday season this year has started not in January as usual, but since February, when the first planes took off to Tenerife resorts. In February, after a year's break, the Company was the first in the market to resume flights to the most popular winter holiday destination - Egypt. Holiday destinations portfolio was supplemented by United Arab Emirates and Maldives.
15
Kwiecień
Preliminary financial results for 3 months of 2021
In March, “Novaturas” Group resumed flights from Lithuania, Latvia and Estonia to Tenerife and Egypt. From Vilnius airport plains took off to United Arab Emirates and Maldives. During March, the Company served 6.4 thousand customers – 18% more than in the corresponding period last year. If compared to 2019, the number of customers served in March 2021 reached half the number of customers served in 2019. In total, during January - March, the Company served 8.9 thousand customers - 71% less than last year and 78% less than in 2019. Group revenue in March amounted to EUR 4.1 million and was 6% lower than the same time last year and 59% lower than in 2019. Cumulative January - March turnover reached EUR 5.5 million and was 76% and 81% lower than the corresponding time last year and in 2019.
02
Kwiecień
AB “Novaturas” signed EUR 10 million investment agreement with the State Investment Management Agency
The leading tour operator in the Baltic States "Novaturas" on the 2nd of April 2021, has signed EUR 10 million investment agreement with the State Investment Management Agency.
29
Marzec
Regarding publicly available information about “Novaturas” attracted financial support
In 2020, due to the coronavirus pandemic, AB “Novaturas” operated under crisis conditions. Compared to 2019, the number of passengers served by the company decreased by 86.8%, and the number of operated charter flights decreased by 85.8%. In response to the extraordinary situation, the company initiated a consistent implementation of crisis period program: actively cooperated with the government, state institutions, financial partners. Attracted financial support, loans, and drastically reduced costs allowed the company to ensure the continuity of operations and start 2021 on a optimistic note.
15
Marzec
AB “Novaturas” resumes flights from Latvia to Egypt at the end of March
The leading tour operator in the Baltic States “Novaturas” from the 27th of March resumes flights from Latvia to Egypt. From April, 4 flights per week program will be operated from Latvia to the main Egyptian resorts.
08
Marzec
AB “Novaturas” among the TOP 20 best investor relations companies on the Nasdaq Baltic Market
This year, the leading tour operator in the Baltic States “Novaturas” was enlisted between TOP 20 best rated investor relations companies on Nasdaq Baltic Market. This rating was achieved at the traditional market participants' awards “Nasdaq Baltic Market Awards 2021”. The Company reached the 18th place among the best investor relations companies in the Baltic market and the 6th place in the Lithuanian market.
04
Marzec
AB “Novaturas” resumes flights from Lithuania to Turkey at the beginning of April
The leading tour operator in the Baltic States "Novaturas" from the 1st of April resumes flights from Lithuania to Turkish resorts. From Vilnius Airport, planes will depart daily to Antalya and Gazipaşa (Alanya).
02
Marzec
AB “Novaturas” is finishing refunds for the trips that have been cancelled due to the pandemic
The leading tour operator in the Baltic states AB “Novaturas” is finishing refund process which group-wide amounts to 9.3 million euros. In the first days of March the refunds will reach the last travel
01
Marzec
AB “Novaturas” doubles the number of weekly planned flights to Egypt
The leading tour operator in the Baltic States “Novaturas” Group is increasing the Egyptian program. From March, 4 flights per week will be operated from Lithuania and Estonia to the main Egyptian resorts.
17
Luty
“Novaturas” Group attracts EUR 10 million worth investment
The leading tour operator in the Baltic States “Novaturas” Group and the State Investment Management Agency has agreed on EUR 10 million investment in the Company's bonds for a period of six years. The agreement was approved by the Company's Board during the meeting, held on the 17th of February. This agreement allows tourism sector leader to implement planned strategic initiatives and ensure financial security in case any possible alterations may occur in the future due to the changing dynamics of the coronavirus.
10
Luty
“Novaturas” Group results for 2020: the darkest days - in the past
At the beginning of 2020, coronavirus caused crises led tourism sector to the suspension and forced to fight for survival. All implemented measures and active co-operation with the governments and responsible institutions of the Baltic States, allowed the Company to overcome these challenges.
09
Luty
AB “Novaturas” resumes flights from Lithuania to Egypt at the end of February
The leading tour operator in the Baltic States “Novaturas” from the 20th of February resumes flights from Lithuania to Egyptian resorts. Flights to the United Arab Emirates and the Maldives are also included to the February-March holiday destinations program.
22
Styczeń
AB “Novaturas” accelerates refunding process with the travelers for cancelled trips due to pandemic
The Company informs that all the necessary agreement formalities with “Invega” on an additional EUR 1 million 18 thousand loan have been completed and starting from today the loan money is being transferred to travelers in accordance with submitted refund applications. Refund money will be transferred firstly for the earliest canceled trips. The Company will settle with all travelers before the end of February.
19
Styczeń
AB “Novaturas” Group resumes flights to Tenerife and Egypt in February 2021
In the first quarter of 2021, the leading tour operator in the Baltic States “Novaturas” Group, resumes flights to the resorts of Tenerife and Egypt. Flights to Tenerife are planned from all Baltic countries, flights to Egypt – currently only from Estonia.
13
Styczeń
Novaturas Group has agreed on additional EUR 1 mln. 18 ths. loan to refund cancelled trips due to pandemic
The leading tour operator in the Baltic States “Novaturas” Group has agreed on additional EUR 1 million 18 thousand loan received under the Ministry of the Economy and Innovation of the Republic of Lithuania and state investment and business guarantee fund “Invega”. This loan will allow the Company to expedite refunds to the travelers whose trips have been cancelled due to the pandemic.
03
Grudzień
AB "Novaturas" group guarantee insurance for 2021 - 11 million euros
For 2021, the leading tour operator in the Baltics States “Novaturas” group has secured guarantee and insurance limit of 11 million that ensures the fulfillment of Company’s obligations to travelers.
20
Listopad
The opportunity to postpone the date of the trip in case COVID-19 is positive
Taking into account the growing numbers of coronavirus cases in Europe, the leading tour operator in the Baltics States “Novaturas” group is the first to offer the opportunity to postpone planned trip free of charge in case COVID-19 test is confirmed positive. The travelers will have the flexibility to change the date or duration of their planned trip.
16
Listopad
Preliminary financial results for 10 months of 2020
In October, the leading tour operator in the Baltic States Novaturas Group operated flights to Cyprus and Crete in all markets. Novaturas Group turnover in 2020 October reached EUR 1.9 million and was 91% lower than the same time last year. Cumulative January-October turnover reached EUR 32.3 million and was 80% lower than the corresponding time last year. In October, Novaturas Group served 3.3 thousand clients – 90% less than in the corresponding period last year. During January-September the Company served 47.4 thousand tourists, 82% lower than last year.
12
Listopad
Novaturas Group strengthens its positions in local tourism segment in the Baltic markets
The leading tour operator in the Baltic States Novaturas group is strengthening its positions in local tourism segment in the Baltics and introduces 2021 holiday season.
29
Październik
9M 2020 financial results of Novaturas Group: facing COVID-19 reality
Since the first quarter of 2020, tourism sector has been facing and operating in a new reality of constant changes. Due to restrictions caused by the pandemic, only in July the Company was able to partially resume its operations in all Baltic countries.
07
Październik
Novaturas in Estonia resumes flights to Crete in October
The leading tour operator in the Baltic States “Novaturas” resumes flights from Estonia to Crete. First flight to Crete is scheduled on the 10th of October. Scheduled flights from Estonia to Cyprus will also be operated in October as planned.
15
Wrzesień
Preliminary financial results for 8 months of 2020
The leading tour operator in the Baltic States Novaturas Group, has started refunding for the trips that have been cancelled due to the pandemic in July. Up to date, the Company has refunded EUR 4.3 million group wide.
24
Sierpień
The new chairman of the Board was elected
Virginijus Lepeška, an independent member, was elected as the chairman of the Board of the Company during the board meeting on Monday, August 24. The Board is elected for four years and consists of 5 members, of which 2 are independent.
21
Sierpień
Novaturas Group has agreed on EUR 1 mln. long-term loan so the refunds for cancelled trips could be fulfilled faster
The leading tour operator in the Baltic States Novaturas Group has agreed on a EUR 1 million long-term loan received under the Ministry of the Economy and Innovation of the Republic of Lithuania and state investment and business guarantee fund Invega. The Company intends to use it to refund cancelled trips due to pandemic.
07
Sierpień
Novaturas Group strengthens its position in customer service
The leading tour operator in the Baltic States Novaturas Group strengthens its relations with customers and takes over the core business of its subsidiary “Sofa Travel“. This decision enables the Company to centralize customer service processes, make them more efficient and improve customer experience. The process itself will not affect the clients.
30
Lipiec
6M 2020 financial results of Novaturas Group: COVID-19 caused a net loss of EUR 2.2 m, ready for the new reality
Novaturas Group successfully started the beginning of 2020, but later on, with the global tourism industry faced the unprecedented impact of COVID-19. Due to the restrictions caused by the pandemic, the Company suspended its operations from mid-March to July, which had a negative impact on the financial results.
22
Lipiec
Novaturas group strengthens the management team
The largest tour operator in the Baltics strengthens its management team. Olga Belova with accumulated extensive experience in marketing is joining the company as Chief Marketing Officer.
20
Lipiec
Novaturas group offers holidays in all Baltic countries
The largest tour operator in the Baltic States after introducing new product – local tourism, from now on invites travelers to plan their holidays in all the Baltic states.
15
Lipiec
Preliminary financial results for 6 months of 2020
Due to the restrictions caused by the COVID-19 pandemic, Novaturas Group has suspended organized tours in June. At the same time last year, the Company's turnover amounted to EUR 16.6 million, the number of customers served amounted to 31.8 thousand.
30
Czerwiec
Changes in the management structure
According to the proposals submitted by the shareholders, the management structure has been changed by eliminating the Supervisory Board of the Company. The Company as of today has one collegial body - the Board, to which part of the supervisory functions would be delegated. The Board consist of 5 members, of which 2 are independent. The previous members of the Board form a team of the Company's top executives.
23
Czerwiec
Proposed changes in the management structure
The shareholders have submitted a proposal to change the management structure of the Company by eliminating the Supervisory Board of the Company. This proposal will be discussed in the General Meeting of Shareholders to be held on the 30th of June. The company would have only one collegial body - the board, to which part of the supervisory functions would be delegated. The Board would consist of 5 members, of which at least 1/3 would be independent. The current members of the Board would form a team of the Company's top executives.
12
Czerwiec
Novaturas in Lithuania has agreed on EUR 5 mln. long-term loan
Today Novaturas Group in Lithuania has agreed on a EUR 5 million long-term loan received under the state investment and business guarantee fund Invega measure "Guarantees for portfolio loans". The Company intends to use it for the implementation of various liquidity measures and will also seek to start refunds for customers in Lithuania whose trips have been cancelled due to COVID-19 as soon as possible.
05
Czerwiec
Novaturas Group announces its 3 new shareholders
Following the withdrawal of the Central European Tour Operator from the shareholders on 2nd June, the management of Novaturas Group received notifications from three new investors.
04
Czerwiec
First flights to Greece and Bulgaria start already in July
Following the list of countries announced by the Ministry of Health of the Republic of Lithuania that are free from mandatory 14-day self-isolation after visiting them, we are renewing our charter flights to popular and already very well-known holiday destinations - Greece (Crete and Rhodes), Bulgaria. Flights to these countries are scheduled from the very first days of July. We hope that with the easing of restrictions, we will be able to offer our customers flights to more holiday destinations. Sightseeing trips to European countries are also planned to be renewed in the near future.
01
Czerwiec
Novaturas Group has agreed with the bank to delay liabilities
Today Novaturas Group agreed with Luminor bank (AB Luminor) to delay payments of a long-term loan and extend the overdraft.
28
Maj
Novaturas in Latvia has agreed on EUR 1 mln. liquidity loan
Novaturas Group in other Baltic markets continues the dialogue with state institutions on potential support measures for the tourism business affected by the restrictions caused by COVID-19.
26
Maj
Novaturas Group introduces a new service - local tourism
Adapting to the situation caused by COVID-19 and changes in the tourism industry, Novaturas Group introduces a new service - leisure holidays and sightseeing trips in Lithuania. As neighboring countries continue to ease restrictions, the Company also expects to offer travelers holidays in other Baltic states in the nearest future.
29
Kwiecień
Novaturas Group financials for Q1 2020: affected by the COVID-19 outbreak
The first quarter of 2020 was marked by extraordinary circumstances for the entire tourism sector with the global travel business being affected by the COVID-19 virus. After successfully starting the year, Novaturas Group has faced the spread of the virus from mid-February, which affected the company's financial results.
03
Kwiecień
Zmiany w Radzie Nadzorczej i Zarządzie
1 kwietnia Ieva Galvydiene zastąpi Birutė Čepanskienė na stanowisku członka zarządu i dyrektor handlowej. B. Čepanskienė odchodzi z zarządu z przyczyn osobistych.
31
Październik
Novaturas podsumowuje wyniki finansowe za trzy kwartały 2019 roku: trudny okres zakończony oznakami stabilnego wzrostu
Wyniki finansowe Grupy Novaturas w pierwszych trzech kwartałach 2019 r. pozostawały pod wpływem dużej konkurencji i jednocześnie słabszego popytu na wyjazdy zagraniczne spowodowanego upalnym latem w krajach bałtyckich. Doprowadziło to do nadpodaży na rynku, odbijając się na rentowności operatorów turystycznych. Novaturas spodziewa się natomiast dobrych wyników w sezonie zimowym 2019/2020. Obiecująco wygląda również początek przedsprzedaży na przyszłoroczny sezon letni.
22
Październik
“Novatours” was recognised as one of the best companies in Estonia
Estonian Chamber of Commerce and Industry, promoting strong and business friendly environment in the country, yearly awards the most competitive and accomplished companies in different industries. Tour operator “Novatours” Estonia was named as the most competitive company in tourism industry.
25
Wrzesień
Regarding tour operator “Thomas Cook“ collapse
The news of the collapse of British tour operator “Thomas Cook“ has brought some chaos and uncertainty among the travelers community and tourism companies. To reassure our clients, partners and investors we want to highlight that “Thomas Cook“ is not AB “Novaturas“ partner.
05
Wrzesień
Let’s be responsible: Baltic Sea seals need your help
Every year an increasing number of injured birds and seals that have suffered from human activities are found along the coast of Baltic Sea. As well as more than 20 stray and exhausted seals pups. Affected animals are being treated at the Lithuanian sea museum, even though there are no specialized facilities for their treatment and rehabilitation. Tour operator “Novaturas” is starting a partnership with the Lithuanian sea museum and is launching a fundraising campaign to establish a modern Baltic sea animals rehabilitation center.
04
Wrzesień
The launch of summer 2020 holiday season
The end of the summer brings out nostalgic thoughts about already experienced holidays and inspires to think about the upcoming ones. Holiday planning is exciting and challenging at the same time - how to spend less and have a none the less quality vacations? One of the most effective ways to do so – purchase next year‘s vacations during early bookings.
20
Sierpień
AB “Novaturas“ among the Lithuanian business leaders
This year Lithuanian business news portal „Verslo Žinios“ has introduced three Lithuanian business leaders ratings: “TOP 1000 Lithuanian companies“, “Lithuanian Business Leaders 500“ (LVL 500) and “Service Sector Leaders 2018“, where the biggest Lithuanian companies are ranked by certain criteria: business growth, operational efficiency, employee benefits, transparency, contribution to the development of the business community while sharing the expertise. AB “Novaturas“ is on all three leaderboards.
09
Sierpień
The launch of ticket sales to Tokyo Olympic games
If you wish to support LTeam members from the tribunes of the world’s most important sports event and at the same time visit the land of the rising sun, you should start planning your trip now. AB “Novaturas” launches ticket sales for the 2020 Tokyo Olympics on Monday (the 12th of August 2019).
31
Lipiec
Novaturas publikuje wyniki finansowe za pierwsze półrocze 2019 r.: stabilna sprzedaż, rentowność pod presją
W pierwszej połowie 2019 r., w coraz bardziej konkurencyjnym otoczeniu rynkowym, liczba klientów Grupy Novaturas wzrosła o 1,9%, a jej przychody zwiększyły się o 3,8% w porównaniu z pierwszym półroczem poprzedniego roku. Nadpodaż na rynku, która utrzymuje się od 2018 r., wpłynęła jednak negatywnie na rentowność Grupy, podobnie jak całego sektora.
30
Kwiecień
Novaturas publikuje wyniki finansowe za pierwszy kwartał 2019 r.
W pierwszym kwartale 2019 r. Grupa Novaturas obsłużyła o 9,2% więcej klientów w niż w analogicznym okresie ubiegłego roku, umacniając swoją pozycję jako wiodącego operatora turystycznego w krajach bałtyckich. Przychody Grupy zwiększyły się o 11,5% rok do roku pomimo coraz bardziej konkurencyjnego otoczenia rynkowego.
28
Luty
Grupa Novaturas z nagrodą specjalną GPW w Warszawie
Giełda Papierów Wartościowych w Warszawie przyznała Grupie Novaturas nagrodę specjalną za ubiegłoroczny dual listing na giełdach w Warszawie i w Wilnie. Nagrodę odebrała Audronė Keinytė, dyrektor generalna Novaturas, podczas uroczystej Gali Podsumowanie Roku Giełdowego 2018.
20
Luty
Grupa Novaturas odnotowuje dobre wyniki finansowe za 2018 rok mimo trudnych warunków rynkowych
Przychody Grupy Novaturas w 2018 r. sięgnęły prawie 182 mln euro i były o 29% wyższe niż w 2017 r. Ubiegłoroczna EBITDA wyniosła 8 mln euro w porównaniu do 10,6 mln rok wcześniej, a skonsolidowany zysk netto wyniósł 5,4 mln euro wobec 8,2 mln euro w 2017 r. Rentowność Grupy była pod wpływem wyjątkowo upalnego lata we wszystkich krajach bałtyckich oraz dodatkowych kosztów poniesionych w IV kwartale ub.r. związanych z zastąpieniem borykającego się z problemami przewoźnika lotniczego – Small Planet Airlines, z którym Grupa współpracowała na Litwie.
06
Luty
Stock exchange event of the year – the debut of “Novaturas”
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.
07
Grudzień
The easiest way to get your dream vacation
A journey is probably the best gift for any occasion all year round. Therefore, as the most important holidays of the year are approaching, “Novaturas”, a leading tour operator in the Baltics, made sure that dream vacation gift would be easily accessible to everyone. The company started working with the largest ticket distributor in the country "Bilietai.lt". From now on “Novaturas” special gift vouchers for dream holidays are easy to get online.
28
Listopad
“Novaturas“ implements plan "B" - scheduled flights will be executed as planned
Based on the information published by the competent civil aviation authorities, charter flights company „Small Planet Airlines“ proved to be unable to fulfill its contractual obligations, therefore AB „Novaturas“ is forced to use the plan "B".
27
Listopad
“Novaturas” – Authorised Ticket Reseller (ATR) for Tokyo Olympic games
This week the Lithuanian National Olympic Committee (LNOC) and tour operator “Novaturas” has signed agreement, having become an official Olympic carrier of the Lithuanian delegation and fans.
07
Listopad
Grupa Novaturas: 30-proc. wzrost przychodów i 32-proc. wzrost liczby klientów w pierwszych trzech kwartałach 2018 r., rentowność pod wpływem warunków pogodowych
Novaturas, największy operator turystyczny w krajach bałtyckich, którego akcje notowane są na GPW w Warszawie i Nasdaq w Wilnie, w ciągu pierwszych dziewięciu miesięcy 2018 r. odnotował wzrost skonsolidowanych przychodów ze sprzedaży o blisko 30% r/r do 140,2 mln euro. Z oferty Grupy od początku roku do końca września br. skorzystało łącznie 243,6 tys. klientów, czyli o 32% więcej niż w analogicznym okresie ubiegłego roku i więcej niż w całym 2017 r. (233,5 tys. klientów).
08
Sierpień
Novaturas zanotował 36-proc. wzrost EBITDA w I półroczu 2018 r.
Grupa Novaturas, której akcje od marca tego roku notowane są na GPW w Warszawie oraz Nasdaq w Wilnie, w pierwszym półroczu 2018 r. odnotowała wzrost przychodów o 43% r/r, do 80,2 mln EUR, umacniając pozycję największego operatora turystycznego w krajach bałtyckich. Wypracowana przez Grupę EBITDA za sześć miesięcy br. sięgnęła prawie 5,9 mln EUR i była niemal 36% wyższa niż rok wcześniej, a zysk netto przekroczył 4,4 mln EUR, co oznacza wzrost o 24% w porównaniu z tym samym okresem 2017 r.
16
Lipiec
Grupa Novaturas odnotowuje 43% wzrost przychodów r/r w pierwszym półroczu 2018 r.
Novaturas, największy operator turystyczny w krajach bałtyckich, którego akcje od marca tego roku notowane są na GPW w Warszawie i Nasdaq w Wilnie, w pierwszym półroczu 2018 r. odnotował wzrost przychodów o 43% r/r do 80,2 mln euro. Od początku br. z oferty Grupy Novaturas skorzystało łącznie 134,5 tys. klientów, co oznacza wzrost o 42% w porównaniu z analogicznym okresem ub.r.
27
Czerwiec
Nagrody Ventura: dwa wyróżnienia dla Grupy Novaturas
Novaturas, czołowy operator turystyczny w krajach bałtyckich, otrzymał tytuł „Najbardziej dynamicznej spółki” z portfela Enterprise Investors, a Linas Aldonis, dyrektor generalny i prezes zarządu Novaturas, otrzymał wyróżnienie „Menedżera roku”.
09
Maj
Novaturas dynamicznie zwiększa sprzedaż i poprawia rentowność
Novaturas, największy operator turystyczny w krajach bałtyckich, którego akcje od marca tego roku notowane są na GPW w Warszawie i Nasdaq w Wilnie, w pierwszym kwartale 2018 r. odnotował wzrost sprzedaży o 49% r/r. Grupa wypracowała w tym okresie wynik EBITDA na poziomie 1,3 mln EUR oraz 0,9 mln EUR zysku netto, co w obu przypadkach oznacza kilkukrotny wzrost w porównaniu z analogicznym okresem roku poprzedniego.
20
Marzec
Novaturas zadebiutuje na GPW w Warszawie i Nasdaq w Wilnie 21 marca
Novaturas, największy operator turystyczny w krajach bałtyckich, od 21 marca 2018 r. będzie spółką notowaną równolegle na Giełdzie Papierów Wartościowych w Warszawie i Nasdaq w Wilnie.
08
Marzec
Cena akcji w ofercie publicznej akcji Novaturas została ustalona na 10,5 EUR
Kapitalizacja Spółki wg ostatecznej ceny akcji w ofercie publicznej sięgnie 82,0 mln EUR (około 344,5 mln zł)
07
Marzec
Novaturas zwiększa ofertę wyjazdów wakacyjnych
Novaturas, największy operator turystyczny w krajach bałtyckich, ponownie zwiększył swoją tegoroczną ofertę wyjazdów zorganizowanych na sezon letni. Jest ona już o 30% większa niż ubiegłoroczny program wakacyjny Spółki.
26
Luty
Novaturas publikuje prospekt i rozpoczyna ofertę publiczną akcji
Novaturas, największy operator turystyczny w krajach bałtyckich, opublikował prospekt emisyjny przygotowany w związku z rozpoczynającą się pierwszą ofertą publiczną akcji oraz zamiarem ubiegania się o dopuszczenie i wprowadzenie akcji do obrotu na Giełdzie Papierów Wartościowych w Warszawie oraz Nasdaq w Wilnie.
23
Luty
Prospekt emisyjny Novaturas zatwierdzony
23 lutego 2018 r. Bank Litwy zatwierdził prospekt emisyjny Novaturas, największego operatora turystycznego w krajach bałtyckich, którego akcjonariusze zamierzają przeprowadzić ofertę publiczną i wprowadzić akcje na GPW w Warszawie i Nasdaq w Wilnie. Zatwierdzony dokument został notyfikowany do Komisji Nadzoru Finansowego oraz Finantsinspektsioon (tj. estońskiego organu nadzoru finansowego). Spółka planuje opublikować prospekt 26 lutego br.
14
Luty
Novaturas potwierdza zamiar przeprowadzenia oferty publicznej i wprowadzenia akcji na GPW w Warszawie i Nasdaq w Wilnie
Grupa Novaturas osiągnęła bardzo dobre wyniki finansowe w 2017 roku oraz świetne wyniki przedsprzedaży na 2018 rok
12
Styczeń
Novaturas z rekordową przedsprzedażą na sezon letni
Rosnąca popularność podróżowania wśród mieszkańców krajów bałtyckich sprawia wrażenie, że wielu z nich świętowało Nowy Rok odpoczywając po podróży, będąc w jej trakcie lub planując nową. Novaturas, największy touroperator na Litwie, Łotwie i w Estonii, który planuje w tym roku zadebiutować na giełdach w Warszawie oraz w Wilnie, notuje rekordowe wyniki przedsprzedaży. Zainteresowanie ofertami typu first minute wzrosło niemal dwukrotnie w porównaniu z analogicznym okresem rok wcześniej.