Products and services for farming
A supply of agricultural inputs (certified seeds, fertilizers, plant protection products) to farmers is a long term activity of the Group that trace back to 1993 and is currently run in Lithuania, Latvia and Estonia. The companies mostly engaged in this activity are: AB Linas Agro (Lithuania), SIA Linas Agro (Latvia), UAB Dotnuva Baltic (Lithuania) with its subsidiaries in Latvia and Estonia.
The Group represents worldwide known brands. The total Group’s storage capacity for warehousing seeds, fertilizers and plant protection products in Lithuania and Latvia exceeds 104 thousand tons.
The subsidiary AB Linas Agro is one of the largest suppliers of fertilizers, plant protection products, certified seed to Lithuanian farmers, and SIA Linas Agro supplies agricultural inputs to Latvian farmers.
The subsidiary UAB Dotnuva Baltic is a wholesaler and retailer of agricultural machinery and grain storage facilities, has an agricultural machinery service network in the Baltic States and a seed processing plant. The company has a certificate in preparation and trade of organic seeds issued by the PE Ekoagros. ‘Dotnuva Seeds’ branded seed produced by the Group has 30% of the certified seed market in Lithuania. Dotnuva Baltic is the only representative of the ‘Case IH’, ‘Kverneland’, ‘Agrifac’, and ‘Jeantil’ brands in the Baltic States. In order to ensure high standards of customer service and to provide quality service to the market, Dotnuva Baltic has joined the ‘Red Excellence’ Case IH international quality campaign, which unites Case IH dealers in Europe. Dotnuva Baltic is the leading distributor of plows and self-propelled sprayers in Lithuania and one of the largest sellers of the new western tractors in Lithuania.
In order to improve the service of farmers and to avoid internal competition between the subsidiaries, changes in the organizational structure of Products and Services for Farming business took place. Seed sales have been transferred from UAB Dotnuva Baltic to AB Linas Agro. The offices of Dotnuva Baltic and Linas Agro in Latvia are located in one agricultural service and trade center as from October,2019.
|Sales in tons||215,947||224,184||203,541||218,110||247,884|
|Sales revenue, thousand EUR||125,376||168,071||164,945||160,779||148,662|
|Gross profit, thousand EUR||12,426||16,286||17,256||18,918||16,162|
|Operating profit, thousand EUR||965||2,816||3,806||5,657||2,950|
Note: Financial year starts on July 1st and ends June 30.