Atlantic Grupa sales reach €328 million for first half of 2020

30 July 2020

In the first half of 2020, Atlantic Grupa generated €327.9 million in sales, a decrease of just 0.9 percent compared to 2019. EBIT for this period amounted to €31.6 million, down 5.5 percent, while net profits were down 3.7 percent to €24.2 million. This year’s results were hit by €4.6 million in one-off costs, mostly connected to contributions during the coronavirus crisis. The highest growth in sales revenue in the first half of the year was achieved by Delicatessen spreads (21.4 percent) and Donat Mg (2.5 percent). With €66.8 million in sales revenue, which is a 20.4 percent share of total revenue, Kafa stands out as the group’s largest producer of income, but its income fell by 6 percent.

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