Earnings Report /
Croatia

Podravka Group: Solid Q2 Revenue and Profitability Offsets Expenses Growth

  • The increase in the Food segment was driven by increases in sales across almost all BUs.

  • Revenue in Q2 2022 increased by 9% and amounted to HRK 1.24bn.

  • In H2 2022, EBITDA amounted to HRK 365.2m, +2.4% YoY, because of higher operating expenses, which increased by 9.7% YoY.

Tea Pevec
Tea Pevec

Head of Research

InterCapital
28 July 2022
Published byInterCapital

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