Baltic, Markets and Companies, Transport

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2024, 20:20

Bridgestone Baltics financial indicators decline in 2013

BC, Riga, 20.08.2014.Print version
Wholesale tire distributor Bridgestone Baltics reduced its turnover and profit last year, reports LETA/Nozare.lv, referring to information provided by Firmas.lv.

The company's turnover reduced by 9% during the past 12 months – from EUR 27,669,905 in 2012 to EUR 25,366,030 in 2013.

 

Meanwhile, Bridgestone Baltics profit decreased by 45% – from EUR 581,642 in 2012 to EUR 400,733 in 2013.

 

Bridgestone Baltics management report indicates that the profit amount in 2013, met the company's expectations. Bridgestone Baltics board suggested that part of the company's profit remain intact, while the rest be distributed in dividends.

 

This year, Bridgestone Baltics board forecasts an increase of turnover and profit, with the general market situation remaining the same.

 

Bridgestone Baltics was founded in 2008, and its share capital is EUR 597,240. The company fully belongs to Belgium-registered Bridgestone Europe.






Search site