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AB "Novaturas": Preliminary financial results for 03 month of 2022 (2022-04-15)

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UNI-EN 90:Preliminary financial results for 03 month of 2022

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 90 / 2022
Date of issue: 2022-04-15
Short name of the issuer
NOVATURAS AB
Subject
Preliminary financial results for 03 month of 2022
Official market - legal basis
art. 17. 1 MAR.
Unofficial market - legal basis
Contents of the report:
In March, “Novaturas” group served 14.2 thousand customers, and the group’s revenue amounted to EUR 10.9 million. In total, during January-March, the company served 36.4 thousand customers, 11% less than the same period in pre-pandemic 2019. Cumulative January - March turnover reached EUR 27.6 million and was only by 4% lower than the corresponding time in 2019.
"We are closing the first quarter of this year with solid financial results. In terms of both the number of travelers served and the revenue generated in March, for the first time since the pandemic, we have exceeded the results of the same month of 2019. Compared to March 2019, this year we have served 5% more people and generated 11% more revenues”, says Vitalij Rakovski, head of “Novaturas” group.

The company notes that in the second half of March, the number of new reservations group-wide have started recovering, which temporarily had dropped significantly due to Russia's war against Ukraine. "In the last week of March and the first days of April, the average number of new sales reached the usual level. People are still planning and purchasing trips for short term departure period, but the fact that the speed of sales has returned to usual, gives optimism about started summer holiday season,” says the head of the company.

During March the company has operated flights from the Baltic markets to Egypt, Tenerife, Madeira, United Arab Emirates, skiing resorts in France and Italy and long-haul destinations - Cuba, Mauritius, Thailand, Maldives, Zanzibar, and Seychelles. On the 26th of March, the company has opened its summer holiday season by first flight from Vilnius to Turkish resorts.

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.



Head of Finance
Giedrius Ribakovas
giedrius.ribakovas@novaturas.lt, 
+370 616 79601
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
2022-04-15 Giedrius Ribakovas Head of Finance

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