Business
Aktsiaselts Infortar unaudited consolidated interim report for Q2 2025
Infortar will arrange a webinar for investors today 4 August 2025.Please join the webinar via the following links: at 12:00 (EET) Estonian webinarat 14:00 (EET) English webinar In the second quarter of this year, Infortar’s sales volumes increased two and a half times to €505 million. “For the energy segment, the first quarter was clearly successful. We further strengthened our position through increased volumes and improved profitability. Maritime operations also showed the first signs of recov
About this update from Infortar As
[{"type":"image","alt":"AS Infortar","displaySize":"","headline":null,"caption":"AS Infortar","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":59,"url":"https://media.zenfs.com/en/globenewswire.com/8b666f381dfcf41cc5230e69a0be9510"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Lvso_TkIcDvi1OOPhLHZhw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTgzO2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/8b666f381dfcf41cc5230e69a0be9510","width":300,"height":59}},"lazy":false},{"type":"text","content":"Infortar will arrange a webinar for investors today 4 August 2025.Please join the webinar via the following links:","length":114,"tagName":"p"},{"type":"text","content":"at 12:00 (EET) Estonian webinarat 14:00 (EET) English webinar","length":62,"tagName":"p"},{"type":"text","content":"In the second quarter of this year, Infortar’s sales volumes increased two and a half times to €505 million. ","length":108,"tagName":"p"},{"type":"text","content":"“For the energy segment, the first quarter was clearly successful. We further strengthened our position through increased volumes and improved profitability. Maritime operations also showed the first signs of recovery, reflected in growing customer confidence and the gradual restoration of travel capacity. In the real estate and construction segment, we handed over the Pärnu bridge to the Pärnu municipality and continued work on several major infrastructure projects, including the construction of the main line of Rail Baltica,” said Ain Hanschmidt, Chairman of the Management Board of Infortar.“The landmark transaction of the second quarter was the signing of the agreement to acquire the agricultural company Estonia Farmid. For Infortar, this represents a significant leap forward in the agricultural sector. Estonia Farmid, together with Halinga, produces 160 tons of milk per day, accounting for 6.5% of Estonia’s total milk output. By integrating milk production with renewable energy generation and circular economy principles, we are able to further strengthen the bioeconomy sector and produce domestically sourced renewable biomethane,” Hanschmidt noted.“This year, we have already invested €38 million into various projects, including the construction of one of Estonia’s largest biomethane plants in Halinga, a new solar power plant in the Olaine municipality in Latvia, and the refurbishm...