At the end of April 2025, Coffee Address Holding SIA completed the acquisition of a 75% stake in the Romanian company Eur Comtur S.R.L. Starting from May, financial results include the performance of Eur Comtur S.R.L Consequently, year-on-year growth figures are influenced by the contribution of the newly acquired entity. Including the acquisition, Coffee Address Group reached EUR 23.6 million in sales for the reporting period.
In June, Coffee Address Holding SIA successfully refinanced its bonds (ISIN LV0000802585) with a new bank loan. The bonds, totaling EUR 5 million were repaid on 30 June 2025 using the new facility. The refinancing optimized the Group’s capital structure and reduced interest expenses. It had no impact on the Group’s ongoing operations or strategic plans and is expected to further strengthen its financial position going forward.