Core Insights - INVL Baltic Farmland reported an unaudited consolidated net profit of EUR 244,000 for the first half of 2025, an 8% increase compared to EUR 226,000 in the same period of 2024 [1][2] - The company's revenue for the first half of 2025 was EUR 427,000, reflecting a 6.2% increase from EUR 402,000 in the first half of 2024 [1][2] Financial Performance - The equity capital of INVL Baltic Farmland at the end of June 2025 was EUR 19.599 million, translating to EUR 6.07 per share, which is a 10.1% increase from the previous year [4] - The company aims to achieve a net profit of EUR 460,000 and consolidated revenue of EUR 890,000 for the full year 2025, based on the assumption that land values remain stable and no new land transactions occur [5] Operational Insights - The agricultural sector faced challenges such as unpredictable weather and rising costs, but effective land management and leasing practices helped maintain stability in lease payments [3] - INVL Baltic Farmland's land holdings increased in value by 9.5% to EUR 22.736 million in 2024, and the company exceeded its financial targets for that year [6] Company Overview - INVL Baltic Farmland is listed on the Nasdaq Vilnius stock exchange and owns approximately 3,000 hectares of agricultural land in Lithuania, which is leased to agricultural companies and farmers [7]
Unaudited results of INVL Baltic Farmland for 6 months of 2025
Globenewswire·2025-08-14 13:40