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May 25, 2015 9:57 PM ET

Food and Staples Retailing

Company Overview of Elvi Group Ltd.

Company Overview

Elvi Group Ltd. operates as a franchise provider in groceries retail trade in Latvia. The company is based in Riga, Latvia. It has locations in Ventspils, Kuldîga, Talsi, Tukumas, Saldus, Liepâja, Dobele, Jelgava, Bauska, Riga, Ogre, Alzkraukle, Jekabpils, Daugavpils, Kraslava, Preiji, Madona, Cesis, Limbazi, Valmiera, Valka, Guibene, Balvi, Aluksne, and Ludza, Latvia.

Rîtausmas Street 11c

Riga,  1058


Founded in 2007


371 67 618 236


371 67 618 242

Key Executives for Elvi Group Ltd.

General Manager
Compensation as of Fiscal Year 2014.

Elvi Group Ltd. Key Developments

Elvi Latvia Announces Earnings Results for the Nine Months of 2014; Provides Sales Guidance for the Full Year of 2014

Elvi Latvia announced earnings results for the nine months of 2014. For the nine months, the company reported that increased sales by 7% against the same period a year ago. Profit was EUR 66,100 and generated EUR 2.868 million in turnover. The company provided sales guidance for the full year of 2014. For the year, the company predicted sales growth of 7%.

Elvi Latvia Reports Sales Results for the First Half of 2014

Elvi Latvia reported sales results for the first half of 2014. For the period, the company reported that its sales 8% from the same period last year.

Elvi Latvia Reports Earnings Results for the Year 2013

Elvi Latvia generated LVL 46,500 (EUR 66,100) in 2013 profit, which was 5.4 times less than a year before, while its annual sales dropped 13.3% year-on-year to LVL 2.016 million (EUR 2.888 million). In 2012, the company reported LVL 2.326 million (EUR 3.31 million) in annual sales and a profit of LVL 252,100 (EUR 358,700).

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