"Dojaus' revenue down 21.3% last year to EUR 134 million

The revenues of the agricultural machinery trading group „Dojus“, owned by the Dojus family, dropped by 21.3% to €134 million last year. Consolidated net profit fell threefold to €2.5 million, according to a report filed with the Centre of Registers.

The group said the drop in turnover was due to a drop of over 30% in the agricultural machinery markets in Lithuania and Latvia, as planned.

„In planning for 2025 sales, it is assumed that the market for new agricultural machinery in Lithuania and Latvia will be larger than in 2024,“ the report said.

The group consists of the parent company „Dojus“ and its subsidiaries „Dojus agro“, „Dojus rental“ „Dojus invest“ and „Dojus Forest“. Latvia's „Dojus invest“, as well as „Dojus Latvija“. The Group owns a 25.01% stake in „Ekonovus“, a company that manages municipal, packaging and production waste.

The report shows that all the companies in the Group ended the financial year in profit and are in a stable financial position.

The Group had 327 employees last year and 337 the year before.