Norne Securities will analyze the results of Ignitis grups, provide forecasts

Norne Securities will analyze the results of Ignitis grups, provide forecasts
Norne Securities will analyze the results of Ignitis grups, provide forecasts
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Published: 2024-04-03 10:34

Photo of Judita Grigelyts (V).

The Norwegian investment bank Norne Securities will analyze the results, potential, and forecasts of the state-controlled energy group Ignitis Group.

The bank Ignitis group, which provides securities analysis, mediation, trading in shares and funds services, will, by its order, search for analyzed companies and publish preliminary reports, the group announced on Tuesday.

According to Jonas Rimaviiaus, member of the board of Ignitis group and financial manager, from 2020 the number of shareholders of the group has increased more than three times to over 20,000.

Having the confidence of a rapidly growing number of investors, we aim to provide them with even more qualitative and objective information about the group’s results and prospects. We will also believe that the analysis carried out by Scandinavian companies will increase the interest group of the region’s institutional investors, J. Rimaviius stated in the report.

According to the Ignitis group, it is the first issuer in Lithuania whose analysis was carried out by Norne Securities.

The report prepared by the Bank of Norway contains information on the group’s performance, potential, forecasts and assessment. Norne Securities will publish updated information on a quarterly basis, all reports will be publicly available on the Ignitis group website.

The Ministry of Finance owns 74.99% of the shares of Ignitis Group, minority shareholders 25.01%.


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Topic Markets


The article is in Lithuanian

Tags: Norne Securities analyze results Ignitis grups provide forecasts

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