Business
Trading commentary ahead of 2025 AGM
Baltic Classifieds Group PLC announced that revenue and profit growth for the full year are now expected to be 3-4% below previously communicated expectations. This revision is attributed to a stalled recovery in the Estonian car market, which has been negatively impacted by the new vehicle transaction and ownership tax, leading to a continued reduction in Auto24 revenue. Disclaimer*
About this update from Baltic Classifieds Group Plc
[{"type":"text","content":"\n\n24 September 2025\nBaltic Classifieds Group PLC\n \n(the \"Company\")\n \nTrading commentary ahead of 2025 AGM\n \nAs previously communicated, the Estonian car market has been depressed by the new vehicle transaction and ownership tax. Early signs of recovery have stalled resulting in a continued reduction in Auto24 revenue compared to our expectations. From a Group perspective, we now expect revenue and profit growth for the full year to be 3-4% below that previously communicated.\n \nEnquiries\n \nBaltic Classifieds Group PLC\nCompany Secretary: E-mail: [email protected]\n \nBaltic Classifieds Group PLC LEI: 213800I1RPHCFSSQS969\n \n \n\n","length":1893,"tagName":"div"}]