Preliminary financial data indicates that the company recorded a profit of EUR 0.6 million before accounting for interest, taxes, depreciation, and amortization of long-term tangible and intangible assets. Management noted substantial improvements in operational efficiency, reporting that the company reduced its fixed costs by approximately EUR 1 million and variable costs by about EUR 1.3 million. According to Dainius Liulys, General Director of Pigu.lt, the implementation of e-platforms has allowed the company to operate with enhanced speed and reliability without incurring associated costs.
Liulys stated that the company achieved a 40 percent growth rate while simultaneously reducing its overall costs by 22 percent. He further commented on the company’s profitability trajectory, noting that while profitability was planned for the following year, the company is already recording it within the first quarter based on monthly figures. Liulys also highlighted a significant operational milestone, reporting that the company has resumed a full-cycle trading pattern for the first time in the past five years.
This renewed cycle is supported by maintaining a competitive and constantly replenished range of goods in stock, ensuring customers can order and collect items on the same day. These financial metrics suggest that strategic cost management and enhanced digital infrastructure are key drivers of the company’s recent performance.
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