AB INVL Baltic Farmland unaudited Interim information for 9 months of 2025
Globenewswire·2025-11-18 07:00

Core Insights - INVL Baltic Farmland reported an unaudited net profit of EUR 368 thousand for the first nine months of 2025, a 7% increase from EUR 344 thousand in the same period of 2024 [2][3] - The company's revenue for the same period reached EUR 640 thousand, reflecting a 5.8% increase compared to EUR 605 thousand in the previous year [2][3] Financial Performance - For the first three quarters of 2025, the company generated a net profit of EUR 368 thousand and revenue of EUR 640 thousand, marking increases of 7% and 5.8% respectively compared to the previous year [2][3] - The forecast for 2025 anticipates a net profit of EUR 0.46 million and consolidated revenue of EUR 0.89 million, assuming stable land values and no new acquisitions or disposals [4] Market Conditions - The agricultural land rental market in 2025 remained stable with high demand, although operating costs increased due to higher prices for fertilizers and fuel [3] - The grain sector experienced a solid harvest, but quality was negatively impacted by rainy weather during the harvest period [3] Equity and Dividends - As of September 2025, the company's equity stood at EUR 19.72 million, translating to EUR 6.11 per share, which is a 10.3% increase from the end of the previous year [5] - In 2024, the company paid EUR 0.387 million in dividends, equivalent to EUR 0.12 per share, while also increasing the value of its land holdings by 9.5% to EUR 22.736 million [6] Company Overview - INVL Baltic Farmland is listed on the Nasdaq Vilnius stock exchange and manages approximately 3,000 hectares of agricultural land leased to agricultural companies and farmers [7]