Earnings Report /

Valamar Riviera: Strong Top Line to Compensate for OPEX Growth in Q3

  • Operating revenue increased significantly, growing by 154% YoY to HRK 677.5m.

  • Adjusted EBITDA increased by 47% to HRK 28.9m. The EBITDA was heavily influenced by the operating expenses this year.

  • Valamar expects the EBITDA to normalize by the end of the year, as higher Q3 profitability adds its contribution.

Tea Pevec
Tea Pevec

Head of Research

2 August 2022
Published byInterCapital


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