The company, which is part of the Acme Group, a leading Lithuanian ICT equipment wholesaler and movie distributor, said its consolidated net profits came in at 960,000 euros last year, versus losses of 569,000 euros a year earlier.
ACC Distribution CEO Zymantas Bausys says revenue may decline in 2020.
Last year, the company strengthened its position in the Baltic countries and developed cooperation with promising e-commerce players, and continued its exist from markets to the east of Lithuania, according to the CEO.
"This year, we are planning to complete this (exit) process and continue to focus on the Baltic countries as well as to look for new expansion opportunities in other European regions," he said in a press release.
The ACC Distribution Group currently employs a workforce of over 250 people.