Already 2,100 people have seen this company's branding and they are being followed by 18 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

ODIL Estonia OÜ (hereinafter also referred to as the „Company“) has been operating since 2009 and offers catering under the LIDO brand name in the Solaris Center restaurant-bistro. LIDO belongs to a Latvian restaurant chain, which has a very long catering experience.

The success of the LIDO restaurant-bistro is based on a diverse menu and a wide range of choices, delicious food prepared on-site, the ability to compose a food portion according to your own wishes, and fast service. Depending on the season, the menu is supplemented with available fresh local ingredients. The task of the company's management is to develop the service and tourism sector, relying on high quality and paying attention to healthy eating and environmental protection.

In order to achieve even more stable and consistently good quality in all Estonian LIDO restaurants and more efficient use of labor resources, production has been centralized - in LIDO Estonia OÜ since 2017.

Semi-finished products are produced in the production workshop and fresh products are transported to other LIDO restaurants every morning. Since 2020, after the coronavirus pandemic, LIDO AS (Latvia) production began to supply

Restaurants in Estonia with semi-finished products, some of which are finished in LIDO Estonia production and some products are finished in each LIDO restaurant-bistro. Centralizing production in Estonia and supplying semi-finished products from the Latvian production unit has allowed for a reduction in the number of employees and savings in labor costs.

In October 2019, the Company's previous lease agreement with the Solaris Center ended. According to the new lease agreement, the price per square meter and the percentage of sales are more expensive compared to the previous agreement. In 2020, the Solaris Center built an additional floor over LIDO and Vapiano, increasing the total area of LIDO by 250 square meters and there are a total of 400 seats on two floors. In connection with the construction and reconstruction, LIDO radically changed the interior design, taking into account new trends. Since the LIDO interior design was a nearly 30-year-old copy of Latvian LIDO, the new interior design has brought a refreshment to the interior, creating a more inviting, cozy and pleasant environment for the customer.

The owner of LIDO AS has transferred 51% of the entire Company in favor of Treeland OÜ.

The past financial period was positively influenced by the recovery from the coronavirus crisis, which was reflected in an increased number of customers and growth in sales.

The Russian invasion and aggression war against Ukraine that began at the beginning of 2022 had a significant impact on the Company's 2022/2023 financial period results. The rise in inflation caused an increase in commodity costs, which had a negative impact on the margin and as a result, sales prices were also raised. In addition to the above, the increase in energy costs also had a significant impact on the Company's 2022/2023 financial year results.

One of the development directions is to introduce a self-service checkout system. Currently, it is not planned to acquire the system as a significant investment, but to use it as a rental service for equipment.

The management has assessed the impact of external conditions on the Company's financial situation and sustainability, analyzed the possible impact on the Company's turnover and future cash flows, and dealt with mitigating the associated negative economic factors and risks.

The management has assessed the impact of the war in Ukraine on the Company's financial results and potential impact

On the Company in the future. The decrease in domestic consumption in the Company's home markets, the growth of unemployment, constant price pressure on raw materials, and drastically fluctuating energy costs may negatively affect the Company's results as well