Viada LT, the operator of Lithuania’s largest fuel retail network, reported a decline in net profit for the 2025 fiscal year, with earnings falling to €6.9 million from €7.65 million in the prior year.
The company’s total revenue also contracted slightly, dropping by just over 2% to €901.4 million.
Despite the earnings contraction, the company’s board has proposed a dividend of €10 million for 2025.
Management attributed the softer results to challenging market conditions, noting that Lithuania has effectively become an island of expensive fuel relative to neighboring markets, which dampened consumer demand and volume growth.
Despite the earnings contraction, the company’s board has proposed a dividend of €10 million for 2025.
This payout represents a significant return of capital to shareholders, exceeding the net profit for the year and indicating a reliance on retained cash flows or reserves to fund the distribution.
The dividend proposal underscores the company’s commitment to shareholder returns even as operational margins face pressure from regional price disparities.