Delamode Baltics posted what Justas Veršnickas, Delamode Baltics, Managing Director, called a “breathtaking year” with revenue surging 79% and profits beating analysts’ expectations by a strong margin in 2017.
“This was an exciting year for Delamode Baltics as it marked a very fast organic revenue growth in 2017. Total revenue was 42 million EUR in 2017, compared with 23 million EUR in 2016 and well ahead of forecasts.
“We believe we are well-positioned to continue our strong growth and market share gains again in 2018, which already promised in half ear 2018.” commented Justas Veršnickas
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