Investor Relations tendencies in the Baltics

The quality of investor relations in the Baltics

• Overall in the Baltic market, the quality of investor relations of the listed companies has improved by 40% since the first Baltic Market Awards in 2006.

 (100-point scale)

Financial statements of listed companies

• Since the project inception, the quality of the Annual reports of the Baltic listed companies has improved by 55% on average.
  

(20-point scale)

Investor relations online

• The quality of the websites of the Baltic listed companies has improved by 83% in the aspect of investor relations.

(25-point scale)

The quality of investor relations: small cap companies compared to large cap companies

• The quality of investor relations among small cap companies is somewhat inferior on average than in large companies, however, it is continuously improving and the gap is narrowing each year. In 2011, small cap companies scored on average only 13% less than the rest of companies.

 (100-point scale)

Improvements in the lowest scores

(100-point scale)

The number of companies enrolled in the Baltic Market Awards project

* in 2007, there was no lower capitalization threshold for small cap companies, hence the number of companies subject to evaluation is larger than in other years. All Baltic listed companies were evaluated in 2007.