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The Danish Agro group’s three Baltic agribusiness companies, AS Baltic Agro in Estonia, SIA Baltic Agro in Latvia and UAB Baltic Agro in Lithuania, have had excellent results in 2020 and strengthened the group’s position as a market leader across the three countries. In the light of Covid-19 and of strong competitive pressure, the companies’ total turnover of EUR 800 million is an extremely good showing. It represents growth of 25% in relation to 2019 and an impressive total growth of 62% since 2018. The operating profit (EBITDA) has followed this path of excellent development and in 2020 reached EUR 20 million, which is 30% higher than 2019.

Henning haahrBaltic agroDanish agro