Investor Presentaiton
24
135
130
125
120
115
110
105
100
95
Q1 2015
Q2
Q3
Q4
Q1 2016
DESPITE INCREASE IN COSTS COMPANIES REMAIN GLOBALLY COMPETITIVE
AND PROFITABLE
Expansion of market share globally has continued despite appreciation in the real effective exchange rate; corporate
profitability remains healthy
REER deflated by ULC and export market share
(2015 =
100)
Profit margins
(profit after taxes to equity; 4-quarter moving average %)
Q3
Q4
Q1 2017
Q2
Q3
Q4
Q1 2018
Q2
Q3
Q4
Source: European Commission, WTO
Q1 2019
zo
78
03
04
th
Q1 2020
78
Q3
REER deflated by ULC
0
LV goods export market
-5
share in world market
DO
Q4
Q1 2021
Q2
Q3
Q4
Q1 2022
Q2
Q3
Q4
Q1 2023
5
10
15
25
20
35
30
Manufacturing
Transportation
ICT services
Agriculture, forestry
Total
-10
Q1 Q2 Q3
Q4
2018
Q1 Q2 Q3 Q4 Q1
2019
2020
Q2
Q3 Q4 Q1 Q2 Q3 Q4 Q1
2021
22
Q2
Q3 Q4
2022
Source: Central Statistical Bureau of Latvia
Q1
2023View entire presentation