During the first half of 2025, the company focused on operational efficiency and enhancing profitability—particularly through its own brands—while navigating market volatility, supply chain disruptions, and working capital financing constraints.
Group Performance Highlights
Leadership & Governance Updates
On July 1, 2025, Normunds Stanevics was appointed CEO, bringing over 20 years of international leadership experience across multi-country operations, M&A, and crisis management. His appointment marks a key step in ABG’s strategic transformation and financial recovery.
To reinforce corporate governance, the Group introduced a new Delegation of Authority framework, monthly financial dashboards, and standardized KPI reporting.
Operational Efficiency & Strategic Focus
Despite ongoing challenges, ABG remains committed to improving operational performance and long-term profitability through:
Unaudited condensed consolidated financial statements for the six-month period in 2025 are available HERE.
Paziņojums latviešu valodā ir pieejams ŠEIT.