Omniva significantly increased parcel delivery volume in Latvia in the first half of the year
Omniva Group, the leading logistics and parcel delivery service provider in the Baltics, reports steady growth in the Latvian market and improved performance results in the second quarter of 2025. Specifically, the number of parcels delivered in Latvia increased by 6% in Q2 2025, reaching 2.5 million, while in the first half of the year it grew by 16% (5.2 million parcels) compared to the same periods last year.
This growth was driven by the company’s strong regional position, increasing demand for last-mile deliveries, and an efficient local network. Significant contributions also came from the expansion of international transit services and stable consumer demand.
“The second quarter of 2025 confirms that we are on the right track – profitability has significantly improved, operations are becoming more efficient, and our strategic focus is delivering results. Omniva Group’s operating profit has increased fourfold, net profit has grown by 56%, and the volume of international transit has doubled. I am truly proud of the team’s work and the direction we’re heading,” said Agnese Grīnberga, Head of the Omniva team in Latvia.
Omniva Group’s revenue in Q2 2025 increased by 6% year-on-year, reaching €35.8 million, while net profit grew by 56% to €0.38 million, indicating a significant improvement in operational efficiency.
“In the second half of this year, we will continue to optimize costs and improve efficiency. We will critically review all commercial services to focus on the most profitable business areas. Providing high-quality services and pursuing sustainable solutions will continue. We are working towards making Omniva a profitable company again by the end of the year. After all, our busiest season – Christmas – is still ahead of us!” emphasized Martti Kuldma, Chairman of the Board of Omniva Group.
At the group level, the company recorded normalized net losses of €1.5 million in the first half of the year, an improvement compared to €1.7 million in losses the previous year. The increase in profitability was supported by cost-cutting measures and rising demand for international transit services, with volumes growing by 66% in Q2 and by 49% over the half-year.
Omniva continues to implement efficiency improvements to further strengthen its financial performance, with the goal of reaching profitability by the end of the year.