Atlantic Group’s Profits Increase by 69%

Total Croatia News

ZAGREB, February 28, 2018 – In 2017, the Atlantic Group food company reported sales in the amount of 5.3 billion kuna, an increase of 3.9% from the previous year, while net profits after minority interest rose by 69.2% to 275.5 million kuna, the company said.

These results are owing to the growth of the group’s own brands and distribution business, as well as the growth of all of its biggest markets. In late 2017, the group’s profitability expectations were revised upwards for the first time, the group said.

EBITDA amounted to 582.2 million kuna, up 22.7%.

 

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