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Croatian Agrokor's retail business sees negative EBITDA in Jan - table

Croatian Agrokor's retail business sees negative EBITDA in Jan - table Author: Agrokor. License: All rights reserved.

ZAGREB (Croatia), March 12 (SeeNews) - Retail and wholesale companies within Croatia's ailing Agrokor concern saw a negative EBITDA of 21.1 million kuna ($3.5 million/2.8 million euro) in January, while the other two business segments, food and agriculture, recorded positive results, Agrokor said on Monday.

The food business recorded EBITDA of 21 million kuna, while EBITDA of the agri segment reached 10.2 million kuna, Agrokor said in a statement.

The retail and wholesale segment, which encompasses retailer Konzum and its Bosnian unit Konzum BiH, news stand operator Tisak and wholesaler Velpro, recorded a revenue of 896 million kuna in January. The food segment followed with revenue of 426 million kuna, while the agri business saw a slim revenue of 137 million kuna.

Details on individual companies within the three segments follow (in millions of kuna unless otherwise specified):

  EBITDA EBITDA margin in % Revenue
Retail & wholesale -21.1 -2.4 896
-Konzum -9.5 -1.6 601
-Konzum BiH -2.9 -3.0 98
-Tisak -2.8 -2.1 136
-Velpro -5.9 -9.7 61
Food 21.0 4.9 426
-Jamnica 5.9 10.5 56
-Roto dinamic -3.4 -7.0 49
-Sarajevski kiseljak 2.9 16.1 18
-Ledo -1.7 -3.9 43
-Ledo Citluk 0.9 5.9 15
-Frikom -0.9 -2.8 33
-Zvijezda 2.3 5.1 45
-Dijamant 2.7 6.1 44
-PIK Vrbovec 12.4 10.1 123
Agri 10.2 7.4 137
-Belje 9.3 9.9 95
-PIK Vinkovci 3.3 12.2 27
-Vupik -2.5 -15.6 16

(1 euro=7.44324 kuna)

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