Delamode Baltics revenues grow by 90%

10. 05. 2017

Delamode Baltics, one of the largest growing freight forwarding companies in Lithuania, is pleased to announce its interim results for the six months ended 30th June 2017, which shows a 90% increase in revenue.

“We are very pleased with our results and the good progress made in the first half of the year, with our key service divisions showing positive revenue growth” commented Justas Versnickas, Managing Director, Delamode Baltics

Justas Versnickas also acknowledged that this year’s demand for freight management services has been positive, with growth predominately driven by increased transportation requests and complex freight requirements. However, he emphasised that competition remains strong and predicts challenges in maintaining current operating costs. However, he confirmed that there are no immediate changes in prices, especially for Delamode Baltics core services. 

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