Amber Food, a prominent player in Lithuania's dining sector, recorded a notable 15% growth in turnover last year, amounting to 58 million euros. This growth trajectory contrasts sharply with the company's previous financial struggles, as it reported a loss of approximately half a million euros just two years prior. The turnaround has been attributed not to favorable market conditions, as stated by CEO Gediminas Balnis, but rather to stringent internal discipline and a skilled team driving operational efficiency.

In a detailed account of the group's performance, Balnis highlighted that the improvement was a result of focused efforts to optimize and stabilize operations, despite persistent risks associated with the Lithuanian market. These risks include changes in infrastructure, fluctuating visitor numbers, and frequent legal environment shifts. To counter these challenges, Amber Food intensified its dedication to enhancing operational efficiency, which involved reassessing its brand portfolio, closing underperforming locations, and expanding by adding four new restaurants to its chain of 55.

Moreover, the average profit margin of Amber Food's restaurant network was reported at 1.55% last year, showcasing a disciplined approach toward financial management. As the company moves forward, Balnis remains cautious about the Lithuanian market's volatility, emphasizing that while the financial outlook is improving, the landscape remains fraught with uncertainty driven by external factors.