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AB "Novaturas": Preliminary financial results for 12 month of 2022 (2023-01-13)

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UNI-EN 115:Preliminary December results of Novaturas: the number of passengers in long haul desitnations doubled

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 115 / 2023
Date of issue: 2023-01-13
Short name of the issuer
NOVATURAS AB
Subject
Preliminary December results of Novaturas: the number of passengers in long haul desitnations doubled
Official market - legal basis
art. 17. 1 MAR.
Unofficial market - legal basis
Contents of the report:
In December, Novaturas Group, the leader in the Baltic tourism market, generated revenues of EUR 9.5 million. This is 27% more than in December 2021, when revenues accounted for EUR 7.4 million.

According to preliminary unaudited data, the company served a total of 267 thousands customers in 2022, which is 55% more than in the same period in 2021. The total turnover for 2022 reached EUR 197 million and exceeded the result for the corresponding period in 2021 by 80%.

December is traditionally the least active month of the year due to the nature of the tourism sector. However, the Group’s revenues grew despite the fact that the number of customers served was slightly lower than in 2021, accounting for 9.3 thousands.
In December, in response to the oversupply of travels to Egypt, Novaturas consolidated flights with other tour operators in this destination. The company managed to achieve a high load factor of 95% in the said month.

At the same time, observing the increased demand for long-haul recreational destinations, Novaturas increased its offering accordingly. Overall, more than double the number of customers chose Novaturas to travel to Thailand, UAE, Indonesia, Maldives, Sri Lanka, Mauritius, Seychelles, Cuba and Tanzania in December 2022, compared to the previous year. Novaturas promises to increase its focus on long-haul destinations in 2023.

“Although 2022 was characterised by high uncertainty in the tourism and aviation sectors due to the war in Ukraine, changes in fuel prices, and general inflationary increases in the cost of travel, by responding to the changing factors and customer preferences, and by optimising its travel offering accordingly, Novaturas managed to achieve the target level of load factor and, consequently, to significantly exceed the number of customers served and the level of revenues generated in 2021,” says Vitalij Rakovski, CEO of Novaturas.


About the company
Novaturas Group is the largest tour operator in the Baltic States, offering summer and winter package holidays by plane to more than 30 destinations worldwide and more than 100 tours.
Arūnas Žilys
CFO of AB Novaturas
+370 615 88259
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
2023-01-13 Arūnas Žilys CFO

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