East West Agro AB
Other information Enlight Research publish Research Update on East West Agro (EWA)

Kaunas, Lithuania, 2023-03-10 07:38 CET -- Enlight Research publish equity research update on EWA. The report can be downloaded for free on the Enlight Research website or on the EWA website. Enlight Research website here, EWA website here. 2022 year report you can find here.

Danas Šidlauskas, Chairman of the Management Board said, "One year ago, Enlight Research published its EWA initiation research report, with the theme - A New Era of Dividends. Today, we are happy to see that we managed to increase our dividends substantially in 2021, even exceeding Enlight Research expectations. Our aim is to continue the path of healthy dividends and to keep investors informed about our progress."

Mattias Wallander, founder of Enlight Research said, "We are happy that EWA managed to exceed our estimates. We are also happy that investors got rewarded with a healthy dividend plus a 31 percent share price appreciation during the last 12 months. We look forward to being part of EWA's initiative to keep investors informed about its investment story."

About EWA

EWA is one of the leading agri machinery distributors in Lithuania. The company has the exclusive Lithuanian distribution agreement for the world renowned tractor brand, Massey Ferguson. The company also sells other agri machinery such as harvesters, feed distributors, movers etc. The sale of spare parts and maintenance services are offered from four sales & service centers and a fleet of 25-30 service vans, effectively covering the whole of Lithuania.

About Enlight Research

Enlight Research helps issuers communicate their investment story and gives investors insights to support their investment decisions. Our vision is to create a fair investment environment where high-quality research is available to ALL. Our success is visible on the Baltic Stock Exchange where most of the well-known listed companies have joined our platform and readership have gone from hundreds to thousands.

CFO
Danas Šidlauskas
danas@ewa.lt

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East West Agro AB published this content on 10 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 March 2023 06:53:07 UTC.