The SBA Group, which labored profitably final yr, intends to double its investments this yr | Enterprise

The SBA Group, which labored profitably final yr, intends to double its investments this yr |  Enterprise

“The primary half of this yr permits us to anticipate average annual progress. If the development of decreasing base charges began by central banks shall be sustainable, it ought to give a constructive impulse to the true property market and shopper sentiment,” J. Grašienė mentioned within the group’s announcement on Thursday.

In line with her, this yr the event of the “Nemunaičiai” district in Kaunas, the “City HUB” venture in Kaunas and Vilnius, and the “Vējo miestelis” in Svenzelė shall be continued, and the growth of furnishings manufacturing firms can also be being thought of.

In line with J. Grašienė, the group doesn’t but predict a pointy bounce within the manufacturing sector this yr and can proceed to put money into improvements and operational effectivity.

The report signifies that the SBA group skilled a lack of 4 million in 2022. lack of EUR 10.5 million modified final yr. EUR internet consolidated revenue, however its gross sales income fell by 9 % final yr. as much as 399.9 million euros (in 2022 – 440.5 million euros).

“Most focus on manufacturing effectivity, enchancment of processes and improvement of actual property initiatives are the important thing features that finest sum up the previous yr,” mentioned J. Grašienė.

In line with her, the worldwide slowdown in demand and the excessive rate of interest setting had an impression on the outcomes. Regardless of the lower in income, the group’s revenue grew on account of its higher effectivity.

Final yr, the group directed most of its investments to City HUB, the primary section of Nemunaičių and Kopau slėnis residences close to Palanga.

Within the 2023 group report submitted to the Registry Heart, it’s indicated that A. Martinkevičius owns 90% of shares of the SBA group, the remaining – 10 %. the shares have been acquired by the SBA group.

Final yr, the common variety of staff within the group reached 3.4 thousand, in 2022 – 4.5 thousand.


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2024-06-22 16:38:45

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