Core Insights - INVL Baltic Farmland reported a consolidated net profit of EUR 124,000 and revenue of EUR 213,000 for the first quarter of 2025, reflecting a 9.7% increase in net profit and a 6.5% increase in revenue compared to the same period in 2024 [1][2] Financial Performance - The company's equity at the end of March 2025 was EUR 19.867 million, translating to EUR 6.15 per share, which is a 10% increase year-over-year [4] - For the year 2025, the company forecasts a net profit of EUR 460,000 and consolidated revenue of EUR 890,000, assuming no changes in land value or new agreements [5] - In 2024, INVL Baltic Farmland achieved a net profit of EUR 1.836 million and consolidated revenue of EUR 835,000, with dividends paid to shareholders amounting to EUR 387,000, or EUR 0.12 per share [6] Industry Context - The first quarter of 2025 faced challenges in agriculture, including delayed germination, moisture imbalance, and market uncertainty, impacting planning and farmers' decisions [3] - Despite these challenges, the company emphasizes the importance of sustainable solutions and maintaining a transparent partnership with land users [3]

Core Points - The Company approved a dividend of EUR 0.12 per share for the year 2024, totaling EUR 387 thousand in dividends [1][4] - The dividend payment policy targets a minimum of EUR 0.10 per share, which has been met this year [5] - The Company achieved a net profit of EUR 1.836 million and consolidated revenue of EUR 835,000 in 2024, with a 9.5% increase in land value to EUR 22.736 million [6] Dividend Payment Details - Dividends will be paid out within one month from the General Shareholders Meeting [2] - Shareholders as of 29 April 2025 are entitled to receive dividends [2] - The ex-date for the shares is 28 April 2025, after which new owners will not receive dividends for 2024 [3] Share Buyback Information - The Company obtained consent to use a EUR 3.08 million reserve for share buybacks, with a maximum purchase price based on the most recent equity per share [7] - The maximum buyback amount is limited to 10% of the share capital, and the minimum purchase price is EUR 3.50 [7] - The buyback period is set for 18 months from the shareholders' meeting decision [7] Company Overview - INVL Baltic Farmland is listed on the Nasdaq Vilnius stock exchange and owns approximately 3,000 hectares of agricultural land in Lithuania [8]