Lithuanian state forest expects 16% increase in turnover

The Lithuanian state forestry service Valstybinių miškų urėdija (VMU) anticipates a 16% increase in turnover to an estimated €238m in 2022; adjusted EBITDA is expected to improve by 8% to €107m. This means that turnover growth recorded last year (+39% to €206m) continues, albeit to a less significant extent. Turnove...

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