27 June 2022
MAXIMA GRUPĖ, UAB, the leading retailer in the Baltic region with an expanding footprint in Central and Eastern Europe, headquartered in Lithuania and with a rating of BB+ (Stable Outlook) by S&P, has mandated Citi, J.P. Morgan, Luminor and MUFG as Joint Bookrunners to arrange a Global Investor Call scheduled on June 27th, 2022, at 1pm UKT / 2pm CET as well as a series of fixed income investor calls also starting on June 27th. A EUR300mm (expected) Reg S offering with a 5-year maturity under the Issuer's new EMTN Programme will follow subject to market conditions, with use of proceeds for refinancing of existing indebtedness and general corporate purposes. The New Notes will be senior unsecured and are expected to be rated BB+ by S&P, in line with MAXIMA GRUPĖ. FCA/ICMA stabilisation applies.
26 May 2022
MAXIMA GRUPĖ, UAB, the company, controlling the largest food retail group in the Baltics, in May of this year received an overall ESG Risk Rating score of 21.7 from Morningstar Sustainalytics, a leading global provider of ESG research, ratings, and data. With its ESG score, MAXIMA GRUPĖ is categorized as having “medium risk" and is in the 20th percentile of its subindustry peer group in terms of ESG performance.
8 April 2022
Today, on 8 April, there is a rotation of managers in three e-commerce companies of Vilniaus Prekyba: UAB Barbora, AZETA, UAB and UAB Trobos.
8 April 2022
In 2021, MAXIMA GRUPĖ was consistently growing and expanding, increasing the Group’s 2021 revenue by 6.1% to EUR 4,485 million. EBITDA, excluding non-recurring items, reached EUR 364.5 million, EUR 10.1 million lower than in 2020. EBITDA was impacted by increasing salaries and employee benefits, Polish e-commerce market entry costs, as well as taxation changes in Poland. MAXIMA GRUPĖ‘s people made remarkable efforts to navigate daily business activities throughout changing COVID-19 situation and, concurrently, to implement major changes in business processes securing sustainable, long-term growth of the Group.
23 March 2022
MAXIMA GRUPĖ, UAB, a company controlling the largest food retail group in the Baltics, has successfully completed EUR 35 million Commercial Paper (Short-Term Notes) offering with 12 months tenor.