Earnings Report /
Croatia

Adris: Q3 tourism bottom-line quadrupled, insurance up 26%

  • In 9M 2021 Adris’ sales amounted to HRK 4,180m which represents a 25% YoY increase, and are at 96% of 9M 2019 results.

  • Due to hospitality bottom line almost quadrupling in Q3 (3.6x) and surge in insurance bottom line of 26% YoY.

  • In 9M 2021 net profit after minorities increased eightfold to HRK 488m (+HRK 424m).

Tea Pevec
Tea Pevec

Head of Research

InterCapital
28 October 2021
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