EU – Baltic States, Financial Services

International Internet Magazine. Baltic States news & analytics Tuesday, 23.10.2018, 06:26

Sales of Ernst & Young Baltic grew by 5.5% in FY

BC, Vilnius, 04.12.2017.Print version
Ernst & Young Baltic audit company in the past financial year that lasted from July 1, 2016, until June 30, 2017, generated EUR 11.441 million in sales, up 5.5% from a year ago, while the company’s profit rose 34.3% to EUR 1.969 million, writes LETA, according to business database.

Ernst & Young Baltic revenues in Latvia last year dropped 6.4% to EUR 6.691 million, while revenues from export of services increased by 28.7% to EUR 4.75 million.


In the previous financial year from July 1, 2015, until June 30, 2016, generated EUR 10.841 million in sales and earned EUR 1.466 million in profit.


Ernst & Young Baltic provides audit and accounting services, tax and business consultations. The company was founded in 2002 and has a share capital of EUR 6,971. Ernst & Young Baltic belongs to Estonian company Baltic Network (99.99%) and British company Ernst & Young Europe LLP (0,01%).

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