Latvian Forest Company completes sale of Vidzeme portfolio

• Latvian Forest Company completed its Vidzeme portfolio sale in Latvia, receiving EUR 11.93 million from escrow on November 9, 2026.
• The transaction, first disclosed October 16, 2026, covered more than 2,200 hectares, approximately 90% forestland, holding about 300,000 cubic meters of timber.
• Proceeds will repay approximately EUR 3.2 million of long-term loans, reducing projected loan-to-value from 15.8% to 11.6%.
• A proposed dividend of SEK 2 per share, totaling approximately SEK 80 million, will be considered at an extraordinary general meeting.
• The disposal represented 26.5% of total landholdings, leaving 6,145 hectares across Latvia and Lithuania.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Latvian Forest Company AB published the original content used to generate this news brief via Cision (Ref. ID: 202611090400BITN____UKPR__SV_20261106-BIT-5886-0) on November 09, 2026, and is solely responsible for the information contained therein.