Atlantic Group generates EUR 74.6 mil income in Serbia

Date: 21/09/2012 Comments: 0
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Photo: atlantic.hr

Croatian food group, Atlantic, published it generated an income of EUR 74.6 mil which is 24.6% of the overall group income over the past six months in Serbia. According to Atlantic group figures, Stark and Grand kafa operating
within it, income in Serbian market in 1H2012 was 6.9% higher than the same period last year.

Stark, operating within Atlantic group as a strategic business sector of salty and sweet products, generated sales growth of 8.5% to KN 283 mi (EUR 37,8 mil), it has been published in the Group 1H2012 financial report on www.atlantic.hr.

As the Atlantic group representatives in Serbia said, in the first half of this year, Stark started exporting
prima sticks, Soko Stark cookies, No problem tablets, Choco smoki and King Size smoki to Croatia. Overall income of Atlantic group, in the January-June period this year, reached EUR 310.7 mil and were for 6.6% higher compared to the same period last year, while EBITDA, Earnings Before Interest, Taxes, Depreciation and Amortization increased by 24,8% to EUR 37.5 mil EUR.

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