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Published: 2025-01-07 15:07:40 CET
Grenardi Group
Inside information

Turnover of Grenardi Group in Q4 2024

The total retail turnover of AS Grenardi Group in Q4 2024 amounted to EUR 9.59 million (including VAT) and was by 22.2% higher than in the same period of 2023 (GRENARDI chain turnover included from Dec 1, 2023, whereas GOLDLIGHT chain turnover included from Dec 1, 2024).

The total retail turnover of AS Grenardi Group in 2024 amounted to EUR 28.57 million (including VAT) and was by 35.4% higher than in 2023.

In Q4 2024 Grenardi Group opened 1 new shop in Latvia, in Maxima in Jurmala.

About Grenardi Group AS

AS Grenardi Group is the parent company of GIVEN and GRENARDI in the Baltics as well GOLDLIGHT in Latvia. As of December 31, 2024, AS Grenardi Group operates a total of 92 stores – of which 75 GIVEN chain stores, 7 GRENARDI chain stores and 10 GOLDLIGHT chain stores. Additionally, the Group has six online stores: www.given.lv, www.given.ee, www.given.lt, www.grenardi.lv, www.grenardi.ee and www.goldlight.lv.

GIVEN is a jewellery brand that stands for joy, beauty, love, creativity, and sustainability by expressing this in its jewellery – through design, unique collections of brands, and carefully considered details, making the valuable accessible.

GRENARDI has been the leading luxury jewellery retail chain in Latvia and Estonia for more than 20 years. GRENARDI offers an extensive assortment of world-renowned luxury jewellery brands and sophisticated private collections. 

GOLDLIGHT is a well-known jewellery retailer in Riga, Latvia that offers its customers with wide assortment of gold, silver and diamond jewellery as well as brands such as Nomination, Ti Sento, Mirco Visconti and others.

         Dāvis Cēderštrēms
         Deputy CFO
         info@grenardi.group
         Tel: +371 67 796 000