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Thursday, 25.04.2024, 03:54
Estonian Starman boost turnover and earnings in 6 months
BC, Tallinn, 27.08.2015.
Print version
Print versionStarman managed to increase their sales revenue as well as profitability in H1 of 2015 in Estonia, writes LETA/Delfi.
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The enterprise asserted that their profitability indicators are clearly the fastest-growing numbers on the telecommunications market.
Starman's six-month turnover grew by 9% in the year-on-year comparison, to 18.1 million euros. The operating earnings before tax and depreciation grew by 10%, to 9 million euros.
Starman Group's subsidiaries in Estonia and Lithuania amounted to 26.7 million euros in the first half of the year.
Head of the Starman Group Aivo Adamson said that the company's results achieved during the first half of the year are robust, and the company managed to grow much faster than the average pace on the Baltic States' telecommunications market.
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