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AB "Novaturas": Preliminary financial results for 1 month of 2021 (2021-02-15)

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UNI-EN 9:Preliminary financial results for 1 month of 2021

Firma: NOVATURAS AB
Spis treści:
1. REPORT
2. INFORMATION ABOUT THE ENTITY
3. SIGNATURE OF PERSONS REPRESENTING THE COMPANY

POLISH FINANCIAL SUPERVISION AUTHORITY

UNI - EN REPORT No 9 / 2021
Date of issue: 2021-02-15
Short name of the issuer
NOVATURAS AB
Subject
Preliminary financial results for 1 month of 2021
Official market - legal basis
art. 17. 1 MAR.
Unofficial market - legal basis
Contents of the report:
Due to restrictions caused by the COVID-19 virus “Novaturas” Group has temporarily suspended its operations in all three markets in January. The Company operated only return flights to return travelers from Tenerife. In February, the Company re-opened flight programs to Tenerife and Egypt.

“In February, we have not only opened winter holiday season, but will also complete one of the biggest challenges of 2020 – refunding all our travelers for trips that have been cancelled due to the pandemic. In January, we have reached an agreement with “Invega” on an additional EUR 1 million 18 thousand loan and further increased it by EUR 387 thousand. The total amount of loans for refunding travelers received from “Invega” is EUR 2 mln. 404 thousand. To the date we have already returned EUR 8.4 mln. group-wide and until the end of February all our travelers will be refunded”, says Audronė Keinytė, Head of “Novaturas” Group.

In the beginning of February, the Company has resumed flights to Tenerife. From the middle of February flights are also scheduled to Egypt, holiday destinations list is also supplemented with holiday offers in the United Arab Emirates and Maldives. If the epidemiological situation and conditions are favorable, in the middle of spring the Company is planning to offer travelers holiday packages to Turkey, Greece, Bulgaria and other popular holiday destinations.

About “Novaturas” Group

AB “Novaturas” Group is the largest tour operator in the Baltic States, offering summer and winter package holidays in more than 30 destinations worldwide and more than 100 sightseeing routes. In 2019, the group served more than 293 thousand customers.

CFO
Tomas Staškūnas
tomas.staskunas@novaturas.lt,
+370 687 10426
Annexes
File Description

NOVATURAS AB
(fullname of the issuer)
NOVATURAS AB Usługi inne (uin)
(short name of the issuer) (sector according to clasification
of the WSE in Warsow)
LT-44245 Kowno
(post code) (city)
A.Mickeviciaus 27
(street) (number)
+370 37 321 264 +370 37 321 130
(phone number) (fax)
(e-mail) (web site)
(NIP) (REGON)

SIGNATURE OF PERSONS REPRESENTING THE COMPANY
Date Name Position / Function Signature
2021-02-15 Tomas Staskunas CFO

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