2024 half-year Consolidated Financial Results of UAB Modus Grupė
UAB Modus Grupė, UAB (the Company), is a private limited liability company owned by its controlling company MG NL Holding B.V. The Company's business is management consultancy activities. The main activities of the group of companies controlled by the Company include automotive sales, mobility solutions, and investment management.
During the first half of 2024, consolidated sales revenue amounted to EUR 212 724 thousand and was higher by 10.43% than during the same period of 2023 (in the first half of 2023: EUR 192 634 thousand).
In the first half of 2024, EBITDA of the Group amounted to EUR 18 442 thousand (in the first half of 2023: EUR 15 133 thousand) and has increased by 21.87%. EBITDA consists of EUR 17 584 thousand (in the first half of 2023: EUR 15 261 thousand) from operating activities results and EUR 858 thousand (in the first half of 2023: EUR -128 thousand) – from other transactions.
Consolidated profit before taxation amounted to EUR -771 thousand in the first half of 2024 and was 117.82% lower than in the previous reporting period when profit before taxation was EUR 4 327 thousand. There was also a decrease in consolidated net profit: in the first half of 2024 – EUR -677 thousand, in the first half of 2023 – EUR 524 thousand.
Monika Besevičiūtė-Česė
Communications Project Manager
E-mail monika.cese@modus.group
Mob. +370 630 74 721
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