52 Skanstes Street,
Riga, Latvia, LV- 1013
info@eleving.com
The Baltic bond market has shown long-awaited growth in recent years. Companies and investors are starting to take an interest in it. However, how dynamic this market will be depends mainly on the key drivers of this process, namely issuers, banks, and regulators.
Eleving Group has announced unaudited results for the first quarter ended March 31, 2023. The Group recorded a steady financial performance during the quarter, with revenues of EUR 44.7 mln, while the net portfolio reached EUR 290.3 mln.
Eleving Group has announced its best financial and operational results, navigating through a turbulent year of geopolitical uncertainty and economic turmoil.
Becoming a carbon-neutral company is among Eleving Group's long-term strategic goals. Therefore, in 2023 we are again engaged in carbon offsetting campaigns to compensate for the entire carbon footprint (114 tCO2) arising from the operations of our HQs.
This Code sets forth standards of business conduct for Eleving Group and its subsidiaries across all markets of operations.
Eleving Group has maintained steady growth and robust profitability figures despite the global economic slowdown. The Group increased its net portfolio by 17.8%, compared to the twelve-month period of 2021, while adjusted net profit before FX reached EUR 27.3 mln.