Best market participats acknowledged in NASDAQ OMX Baltic Market Awards
On January 26, 2012, NASDAQ OMX Baltic announced the companies from the NASDAQ OMX Baltic market with the best investor relations (IR) in 2011. The Baltic Market Awards ceremony took place simultaneously in Tallinn, Riga and Vilnius, the capitals of the Baltic States.
The Baltic Market Awards was introduced in 2006. The purpose of the international Baltic Market Awards project is to highlight the best investor relations in financial and non-financial reporting and improve the overall standard of investor relations among listed companies, as well as provide them with individual evaluation and consultancy from stock exchange side. Each company is evaluated according to more than 120 criteria, including quality of the annual and periodical reports, disclosures, web page and analysts’ opinions. This year 54 companies were evaluated.
Baltic Market Awards ceremony video
NASDAQ OMX Baltic Market Awards 2011 from NASDAQ OMX Baltic on Vimeo.
Winners by categories:
The best investor relations in the Baltic Countries
1st: TEO LT
2nd: Tallinna Vesi
3rd: Grindeks
The best investor relations in NASDAQ OMX Vilnius
1st: TEO LT
2nd: Invalda
3rd: Apranga
The best investor relations in NASDAQ OMX Riga
1st: Grindeks
2nd: SAF Tehnika
3rd: Olainfarm
The best investor relations in NASDAQ OMX Tallinn
1st: Tallinna Vesi
2nd: Tallink Grupp
3rd: Baltika
The best investor relations online
Five companies received a maximum of 25 points: City Service (www.cityservice.lt), Grindeks (www.grindeks.lv), Tallinna Vesi (www.tallinnavesi.ee), Tallink Grupp (www.tallink.com), TEO LT (www.teo.lt)
The best investor relations –among small cap (up to 25 million EUR market cap)
1st: SAF Tehnika
2nd: Arco Vara
3rd: Limarko laivininkystės kompanija
The best annual report
1st: TEO LT
2nd: Tallinna Vesi
3rd: Grindeks
The most visible improvement over the year
1st: Premia Foods (+15.84 points)
2nd: Latvijas balzams (+12.94 points)
3rd: Šiaulių bankas (+7.80 points)
Member of the Year
1st: LHV pank (Estonia)
2nd: SEB bankas (Lithuania)
3rd: Bankas Finasta (Lithuania)
Top 20 ranking Baltic companies in 2011 according to their Baltic Market Awards IR score:
1. TEO LT
2. Tallinna Vesi
3. Grindeks
4. SAF Tehnika
5. Tallink Grupp
6. Invalda
7. Baltika
8. Premia Foods
9. Nordecon
10. Olainfarm
11. Apranga
12. Šiaulių bankas
13. Harju Elekter
14. Latvijas Gāze
15. City Service
16. Sanitas
17. Arco Vara
18. Merko Ehitus
19. Olympic Entertainment Group
20. Ekspress Grupp
