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Financial Highlights

4.9m 9Lcs

SALES 2021

EUR 78.1m

REVENUE 2021

EUR 9.7m

EBITDA 2021

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Latest News

Amber Latvijas balzams announces unaudited 9-month operating results

The unaudited net revenue of the leading producer of alcoholic beverages in the Baltic States, AS Amber Latvijas balzams, for the first nine months of the year 2022 grew by 27.4% reaching EUR 67.5 million euros. The growth in turnover is related to the increase in sales volumes in the existing markets, as well as to the significant development of business opportunities in new export markets, such as Germany and Sweden. At the same time, AS Amber Latvijas balzams as a manufacturing company has been significantly affected by the increase in the cost of raw materials and materials, causing a significant impact on financial results.

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Amber Latvijas balzams announces the results of the first half of 2022

The net revenue of the leading producer of alcoholic beverages in the Baltic states, JSC Amber Latvijas balzams, for the first half of the year 2022 reached EUR 40.6 million euros, an increase of 28.5% against the respective period in 2021. The increase in turnover is related to the improvement of the economic situation and as the result of facilitating the restrictions imposed by national governments on the Covid-19 pandemic situation. Also, the Company continues to develop cooperation with clients in Sweden and Germany by significant increase of sales volumes in respective markets.

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JSC Amber Latvijas balzams announces financial results of the first quarter of the year

The net revenue of the leading producer of alcoholic beverages in the Baltic states, JSC Amber Latvijas balzams, for the first three months of year 2022 reached EUR 17.8 million euros, an increase by 33.8% against the respective period in 2021. The increase in turnover is related to the improvement of the economic situation and as the result of facilitating the restrictions imposed by national governments on the Covid-19 pandemic situation.

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JSC Latvijas balzams has changed its name to JSC Amber Latvijas balzams

Seven years ago JSC Latvijas balzams joined the rapidly growing spirits production and distribution company Amber Beverage Group. Following the decision made by the Shareholders’ Meeting of JSC Latvijas balzams on 30 September of last year, from 1 May 2022 the further name of the company will be JSC Amber Latvijas balzams.

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