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AB INVL Baltic Farmland unaudited Interim information for 3 months of 2025
GlobeNewswire·2025-05-20 06:30

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]