Despite the ongoing COVID-19 pandemic that continues to cripple economies through the world, the first quarter of 2021 proved to be a very solid one for NLB Group. The Group generated EUR 64.6 million of profit after tax (EUR 46.3 million higher YoY), proving that even in times of economic difficulties knowledge, experience, and sound business decisions and actions based on sustainable principles can generate success.
The lessons from the COVID-19 pandemic have brought the importance of sustainable business and living to the forefront and are by now rooted deeply in our minds, so NLB Group also continued to focus on the digitalization and sustainability of its business decisions and operations in Q1.
Profit after tax in mil EUR *
* attributable to owners of the parent
The COVID-19 pandemic caused a downturn in the economy, but on the other hand it also brought us some positives. We pay more attention to what is happening in the environment and wonder how we influence it with our actions. In doing so, we have become enthusiastic about finding sustainable, especially local solutions.
One of the most recognised projects of 2020 in the entire region of SEE is certainly the #HelpFrame project. With the #HelpFrame project, we offered our own advertising space to 274 entrepreneurs, farmers, and micro and small businesses – which would be Trajnostno poročilo NLB Skupine 2020difficult for them to afford in these times – and thus helped them to reach potential customers, thereby making an important contribution to strengthening the domestic small business.
For the sixth year in a row.