The Board of INVL Baltic Farmland, AB, a company investing into agricultural land, approved its activity forecasts for 2016. Consolidated revenues of INVL Baltic Farmland are forecasted at EUR 530 thousand and net profit should amount to EUR 300 thousand.
These predictions are based on the assumption that there will be no changes in land value and no transactions in 2016.
INVL Baltic Farmland group owns about 3 thousand hectares of farmland in Lithuania, which is leased to farmers and agricultural companies.
The person authorized to provide additional information:
Egle Surpliene
Director
E-mail: [email protected]
