September 20, 2014 2:22 PM ET

Air Freight and Logistics

Company Overview of VAS Latvijas Pasts

Company Overview

VAS Latvijas Pasts provides postal services. The company maintains post offices that accept various types of domestic and cross-border postal consignments, such as standard and recorded letters; standard and recorded postcards; standard and recorded parcels; standard and insured small packages; standard and insured post packages; M bags; printed materials; and direct postal consignments. It also offers philatelic products, such as stamps, special covers, exhibition postcards, exhibition booklets, first day covers, maximum cards, first day pages, special cancellations, and order forms. The company provides direct marketing solutions and consignment processing services, as well as offers unive...

Ziemelu Street 10

International Airport Riga

Marupe District,  1000

Latvia

Founded in 1992

Phone:

371 27 008 001

Fax:

371 67 608 301

Key Executives for VAS Latvijas Pasts

VAS Latvijas Pasts does not have any Key Executives recorded.

VAS Latvijas Pasts Key Developments

Latvijas Pasts Reports Group and Parent Earnings Results for the Year 2013

Latvijas Pasts reported group and parent earnings results for the year 2013. For the year, the company generated €58.24 million in sales, which is at about the same level as in 2012, and the company's profit dropped 4.8% to €4.519 million. In 2012 Latvijas Pasts concern generated €41.405 million in sales and earned €4.748 million in profit. The parent company last year generated €57.859 million in sales and earned €4.538 million in profit. In 2012, the company generated €58.436 million in sales and earned €4.848 million in profit.

Latvijas Pasts Provides Earnings Guidance for 2013

Latvijas Pasts provided earnings guidance for 2013. The company expected to generate LVL 3.4 million-LVL 3.5 million (EUR 4.8 million-EUR 4.9 million) annual profits in 2013.

Latvijas Pasts Provides Earnings Guidance for the Year 2013

Latvijas Pasts provided earnings guidance for the year 2013. The company is planning to close this year with several million LVL in annual profit. In his words, the company has improved its financial results in recent years and broke in the black in 2012.

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