The exclusive Lithuanian distributor of Massey Ferguson (MF) tractors, East West Agro (EWA) has posted record performance since our initiation report in March last year. We expect continued strong performance and raise our dividend and Fair value.

East West Agro (EWA) is the exclusive Lithuanian distributor of the world renowned tractor brand Massey Ferguson (MF). EWA has established MF as the top tractor brand in Lithuania together with John Deere. After repaying debt, EWA is entering a new era of dividends.