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.
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.
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.