Key financial indicators

Overview of key financial indicators in 1-6 2021

Sales (in HRKm) 1-6 2021 1-6 2020 % change
Total revenues of Podravka Group 2,238.2 2,252.3 -0.6%
Sales revenues of Podravka Group 2,220.5 2,245.3 -1.1%
Sales revenues of Food 1,716.6 1,755.0 -2.2%
Sales revenues of Pharma 503.9 490.3 2.8%
Podravka Group's profitability (in HRKm) 1-6 2021 1-6 2020 % change
Group's gross profit 843.2 835.9 0.9%
Group's gross profit margin 38.0% 37.2% +75 bb
Group's EBITDA 356.6 320.1 11.4%
Group's EBITDA margin 16.1% 14.3% +180 bb
Group's EBIT 248.7 211.7 17.5%
Group's EBIT margin 11.2% 9.4% +177 bb
Group's net profit after MI 197.6 161.6 22.3%
Group's net profit margin after MI 8.9% 7.2% +170 bb
Podravka Group's balance sheet (in HRKm) 30.6.2021 31.12.2020 % change
Total assets 5,105.7 4,940.6 3.3%
Shareholders' equity 3,513.0 3,372.1 4.2%
Minority interests 59.0 54.9 7.4%
Cash and cash equivalents 220.2 51.9 324.6%
Financial debt 646.5 785.2 -17.7%
Net debt 426.3 733.3 -41.9%
Podravka Group's cash flow (in HRKm) 1-6 2021 1-6 2020 % change
Net cash flow from operating activities 359.7 280.0 28.5%
Capital expenditures  (56.5)  (91.3) 37.8%
Depreciation and amortization 107.8 108.4 -0.5%
Free cash flow 416.3 371.3 12.1%
Podravka Group's ratios and indicators 30.6.2021 31.12.2020 % change
Employee number at the end of period (in units) 6,737 6,650 1.3%
P&L interest expense (in HRKm) 9.2 11.5 -20.9%
Sales revenues / Number of employees (in HRK000) 664.7 677.2 -1.8%
Net profit after MI / Sales revenues (in HRK000) 42.3 37.4 13.0%
Return on average assets 5.8% 5.1% +65 bb
Return on average capital 8.3% 7.6% +72 bb
Return on average invested capital 7.4% 6.6% +78 bb
Total shareholders' equity / Total assets 70.0% 69.4% +60 bb
EBIT / P&L interest expense 39.5 28.3 39.8%
Net debt / EBITDA 0.7 1.4 -45.8%
Sales (in HRKm) 1-3 2021 1-3 2020 % change
Total revenues of Podravka Group 1,089.8 1,231.9 -11.5%
Sales revenues of Podravka Group 1,079.7 1,228.7 -12.1%
Sales revenues of Food 845.3 970.9 -12.9%
Sales revenues of Pharma 234.3 257.9 -9.1%
Podravka Group's profitability (in HRKm) 1-3 2021 1-3 2020 % change
Group's gross profit 411.8 457.2 -9.9%
Group's gross profit margin 38.1% 37.2% +94 bb
Group's EBITDA 184.5 177.2 4.2%
Group's EBITDA margin 17.1% 14.4% +267 bb
Group's EBIT 131.1 123.0 6.6%
Group's EBIT margin 12.1% 10.0% +214 bb
Group's net profit after MI 105.2 91.0 15.6%
Group's net profit margin after MI 9.7% 7.4% +234 bb
Podravka Group's balance sheet (in HRKm) 31.03.2021 31.12.2020 % change
Total assets 5,126.9 4,940.6 3.8%
Shareholders' equity 3,486.3 3,372.1 3.4%
Minority interests 57.4 54.9 4.6%
Cash and cash equivalents 178.1 51.9 243.4%
Financial debt 785.2 744.7 -5.2%
Net debt 733.3 566.6 -22.7%
Podravka Group's cash flow (in HRKm) 1-3 2021 1-3 2020 % change
Net cash flow from operating activities 190.6 134.5 41.7%
Capital expenditures 18.8 47.2 -60.2%
Depreciation and amortization 53.4 54.2 -1.4%
Free cash flow 171.8 87.3 96.8%
Podravka Group's ratios and indicators 31.03.2021 31.12.2020 % change
Employee number at the end of period (in units) 6,668 6,650 0.3%
P&L interest expense (in HRKm) 10.4 11.5 -9.7%
Sales revenues / Number of employees (in HRK000) 653.0 677.2 -3.6%
Net profit after MI / Sales revenues (in HRK000) 39.5 37.4 5.4%
Return on average assets 5.3% 5.1%  +18 bb
Return on average capital 7.7% 7.6%  +9 bb
Return on average invested capital 6.7% 6.5%  +17 bb
Total shareholders' equity / Total assets 69.1% 69.4%  -24 bb
EBIT / P&L interest expense 32.4 28.3 14.5%
Net debt / EBITDA 1.0 1.4 -24.2%
Sales (in HRKm) 2020 2019 % change
Total revenues of Podravka Group 4,526.5 4,460.2 1.5%
Sales revenues of Podravka Group 4,503.2 4,409.4 2.1%
Sales revenues of Food 3,527.0 3,454.0 2.1%
Sales revenues of Pharma 976.2 955.4 2.2%
Podravka Group's profitability (in HRKm) 2020 2019 % change
Group's gross profit 1,659.4 1,631.5 1.7%
Group's gross profit margin 36.8% 37.0%  -15 bb
Group's EBITDA 546.7 509.0 7.4%
Group's EBITDA margin 12.1% 11.5%  +60 bb
Group's EBIT 332.3 283.5 17.2%
Group's EBIT margin 7.4% 6.4%  + 95 bb
Group's net profit after MI 248.9 221.6 12.3%
Group's net profit margin after MI 5.5% 5.0%  +50 bb
Podravka Group's balance sheet (in HRKm) 31.12.2020 31.12.2019 % change
Total assets 4,940.6 4,883.8 1.2%
Shareholders' equity 3,372.1 3,173.1 6.3%
Minority interests 54.9 46.3 18.5%
Cash and cash equivalents 51.9 55.6 -6.6%
Financial debt 785.2 878.0 -10.6%
Net debt 733.3 822.4 -10.8%
Podravka Group's cash flow (in HRKm) 2020 2019 % change
Net cash flow from operating activities 384.5 272.9 40.9%
Capital expenditures 192.4 153.9 25.0%
Depreciation and amortization 218.2 216.0 1.0%
Free cash flow 192.1 119.0 61.4%
Podravka Group's ratios and indicators 31.12.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,650 6,652 2.0%
P&L interest expense (in HRKm) 11.5 14.9 -20.9%
Sales revenues / Number of employees (in HRK000) 677.2 662.9 2.2%
Net profit after MI / Sales revenues (in HRK000) 37.4 33.3 12.4%
Return on average assets 5.1% 4.7%  +41 bb
Return on average capital 7.6% 7.3%  +26 bb
Return on average invested capital 6.5% 6.3% +23 bb
Total shareholders' equity / Total assets 69.4% 65.9%  +344 bb
EBIT / P&L interest expense 28.3 20.1 40.5%
Net debt / EBITDA 1.4 1.6 -15.3%
Sales (in HRKm) 1-9 2020 1-9 2019 % change
Total revenues of Podravka Group 3,339.5 3,261.3 2.4%
Sales revenues of Podravka Group 3,328.6 3,238.5 2.8%
Sales revenues of Food 2,619.7 2,550.3 2.7%
Sales revenues of Pharma 708.9 688.2 3.0%
Podravka Group's profitability (in HRKm) 1-9 2020 1-9 2019 % change
Group's gross profit 1,232.5 1,206.1 2.2%
Group's gross profit margin 37.0% 37.2% -21 bb
Group's EBITDA 435.5 413.2 5.4%
Group's EBITDA margin 13.1% 12.8% +33 bb
Group's EBIT 272.7 252.2 8.1%
Group's EBIT margin 8.2% 7.8% +41 bb
Group's net profit after MI 210.1 194.3 8.1%
Group's net profit margin after MI 6.3% 6.0% +31 bb
Podravka Group's balance sheet (in HRKm) 30.9.2020 31.12.2019 % change
Total assets 5,102.8 4,883.8 4.5%
Shareholders' equity 3,329.6 3,173.1 4.9%
Minority interests 50.7 46.3 9.4%
Cash and cash equivalents 131.2 55.6 136.0%
Financial debt 888.7 878.0 1.2%
Net debt 757.5 822.4 -7.9%
Podravka Group's cash flow (in HRKm) 1-9 2020 1-9 2019 % change
Net cash flow from operating activities 290.5 175.7 65.3%
Capital expenditures 139.8 101.4 -37.8%
Depreciation and amortization 162.8 161.1 1.1%
Free cash flow 150.7 74.3 102.9%
Podravka Group's ratios and indicators 30.9.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,807 6,652 2.0%
P&L interest expense (in HRKm) 11.8 14.9 -20.9%
Sales revenues / Number of employees (in HRK000) 661.0 662.9 -0.3%
Net profit after MI / Sales revenues (in HRK000) 34.9 33.3 4.7%
Return on average assets 4.9% 4.7%  +20 bb
Return on average capital 7.4% 7.3%  +11 bb
Return on average invested capital 6.5% 6.3% +29 bb
Total shareholders' equity / Total assets 66.2% 65.9%  +32 bb
EBIT / P&L interest expense 27.0 20.1 33.9%
Net debt / EBITDA 1.4 1.6 -11.2%
Sales (in HRKm) 1-6 2020 1-6 2019 % change
Total revenues of Podravka Group 2,235.3 2,156.2 3.7%
Sales revenues of Podravka Group 2,245.3 2,139.5 4.9%
Sales revenues of Food 1,755.0 1,684.3 4.2%
Sales revenues of Pharma 490.3 455.2 7.7%
Podravka Group's profitability (in HRKm) 1-6 2020 1-6 2019 % change
Group's gross profit 835.9 803.8 4.0%
Group's gross profit margin 37.2% 37.6% -34 bb
Group's EBITDA 320.1 288.6 10.9%
Group's EBITDA margin 14.3% 13.5% +77 bb
Group's EBIT 211.7 182.9 15.8%
Group's EBIT margin 9.4% 8.5% +88 bb
Group's net profit after MI 161.6 140.0 15.4%
Group's net profit margin after MI 7.2% 6.5% +65 bb
Podravka Group's balance sheet (in HRKm) 30.6.2020 31.12.2019 % change
Total assets 5,100.9 4,883.8 4.4%
Shareholders' equity 3,279.2 3,173.1 3.3%
Minority interests 49.3 46.3 6.4%
Cash and cash equivalents 249.2 55.6 348.3%
Financial debt 966.0 878.0 10.0%
Net debt 716.8 822.4 -12.8%
Podravka Group's cash flow (in HRKm) 1-6 2020 1-6 2019 % change
Net cash flow from operating activities 280.0 152.8 83.3%
Capital expenditures 91.3 65.6 39.3%
Depreciation and amortization 108.4 105.8 2.5%
Free cash flow 188.7 87.2 116.4%
Podravka Group's ratios and indicators 30.6.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,785 6,652 2.0%
P&L interest expense (in HRKm) 12.5 14.9 -15.8%
Sales revenues / Number of employees (in HRK000) 665.5 662.9 0.4%
Net profit after MI / Sales revenues (in HRK000) 35.8 33.3 7.6%
Return on average assets 5.0% 4.7% +26 bb
Return on average capital 7.6% 7.3% +27 bb
Return on average invested capital 6.5% 6.3% +29 bb
Total shareholders' equity / Total assets 65.3% 65.9% -67 bb
EBIT / P&L interest expense 25.8 20.1 28.1%
Net debt / EBITDA 1.3 1.6 -17.0%
Sales (in HRKm) 1-3 2020 1-3 2019 % change
Total revenues of Podravka Group 1,198.0 1,030.6 16.2%
Sales revenues of Podravka Group 1,228.7 1,017.4 20.8%
Sales revenues of Food 970.9 815.5 19.1%
Sales revenues of Pharma 257.9 201.9 27.7%
Podravka Group's profitability (in HRKm) 1-3 2020 1-3 2019 % change
Group's gross profit 457.2 384.0 19.1%
Group's gross profit margin 37.2% 37.7% -54 bb
Group's EBITDA 177.2 156.5 13.2%
Group's EBITDA margin 14.4% 15.4% -96 bb
Group's EBIT 123.0 104.4 17.8%
Group's EBIT margin 10.0% 10.3% -25 bb
Group's net profit after MI 91.0 80.1 13.5%
Group's net profit margin after MI 7.4% 7.9% -47 bb
Podravka Group's balance sheet (in HRKm) 31.3.2020 31.12.2019 % change
Total assets 5,264.0 4,883.8 7.8%
Shareholders' equity 3,275.7 3,173.1 3.2%
Minority interests 47.6 46.3 2.8%
Cash and cash equivalents 264.9 55.6 376.5%
Financial debt 1,021.1 878.0 16.3%
Net debt 756.2 822.4 -8.0%
Podravka Group's cash flow (in HRKm) 1-3 2020 1-3 2019 % change
Net cash flow from operating activities 134.5 50.3 167.6%
Capital expenditures 47.2 24.1 95.7%
Depreciation and amortization 54.2 52.1 4.1%
Free cash flow 87.4 26.2 234.0%
Podravka Group's ratios and indicators 31.3.2020 31.12.2019 % change
Employee number at the end of period (in units) 6,756 6,652 1.6%
P&L interest expense (in HRKm) 13.7 14.9 -8.0%
Sales revenues / Number of employees (in HRK000) 683.9 662.9 3.2%
Net profit after MI / Sales revenues (in HRK000) 34.4 33.3 3.3%
Return on average assets 4.7% 4.7% +1 bb
Return on average capital 7.3% 7.3% +1 bb
Return on average invested capital 5.6% 5.9% -33 bb
Total shareholders' equity / Total assets 63.1% 65.9% -279 bb
EBIT / P&L interest expense 23.1 20.1 14.6%
Net debt / EBITDA 1.4 1.6 -11.2%
Sales (in HRKm) 2019 2018 % change
Total revenues of Podravka Group 4,460.2 4,240.5 5.2%
Sales revenues of Podravka Group 4,409.4 4,232.1 4.2%
Sales revenues of Food 3,454.0 3,335.3 3.6%
Sales revenues of Pharma 955.4 896.9 6.5%
Podravka Group's profitability (in HRKm) 2019 2018 % change
Group's gross profit 1,631.5 1,558.4 4.7%
Group's gross profit margin 37.0% 36.8% +18 bb
Group's EBITDA 509.0 463.7 9.8%
Group's EBITDA margin 11.5% 11.0% +59 bb
Group's EBIT 283.5 258.4 9.7%
Group's EBIT margin 6.4% 6.1% +32 bb
Group's net profit after MI 221.6 205.7 7.7%
Group's net profit margin after MI 5.0% 4.9% +16 bb
Podravka Group's balance sheet (in HRKm) 2019 2018 % change
Total assets 4,883.8 4,846.1 0.8%
Shareholders' equity 3,173.1 3,005.3 5.6%
Minority interests 46.3 42.4 9.4%
Cash and cash equivalents 55.6 211.1 -73.7%
Financial debt 878.0 966.2 -9.1%
Net debt 822.4 755.1 8.9%
Podravka Group's cash flow (in HRKm) 31.12.2019 31.12.2018 % change
Net cash flow from operating activities 272.9 316.9 -13.9%
Capital expenditures 153.9 166.1 -7.4%
Depreciation and amortization 216.0 192.7 12.1%
Free cash flow 119.0 150.8 -21.1%
Podravka Group's ratios and indicators 31.12.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,652.0 6,516 2.1%
P&L interest expense (in HRKm) 14.9 17.93 -17.0%
Sales revenues / Number of employees (in HRK000) 662.9 649.50 2.1%
Net profit after MI / Sales revenues (in HRK000) 33.3 31.57 5.5%
Return on average assets 0.0 4.49% +22 bb
Return on average capital 0.1 7.48% -17 bb
Return on average invested capital 0.1 6.30% -37 bb
Total shareholders' equity / Total assets 0.7 62.89% +303 bb
EBIT / P&L interest expense 20.1 15.2 32.7%
Net debt / EBITDA 1.6 1.6 -1.8%
Sales (in HRKm) 1-9 2019 1-9 2018 % change
Total revenues of Podravka Group 3,261.3 3,088.1 5.6%
Sales revenues of Podravka Group 3,238.5 3,078.3 5.2%
Sales revenues of Food 2,550.3 2,439.0 4.6%
Sales revenues of Pharma 688.2 639.3 7.7%
Podravka Group's profitability (in HRKm) 1-9 2019 1-9 2018 % change
Group's gross profit 1,206.1 1,144.2 5.4%
Group's gross profit margin 37.2% 37.2% +7 bb
Group's EBITDA 413.2 379.4 8.9%
Group's EBITDA margin 12.8% 12.3% +43 bb
Group's EBIT 252.2 238.8 5.6%
Group's EBIT margin 7.8% 7.8% +3 bb
Group's net profit after MI 194.3 185.9 4.5%
Group's net profit margin after MI 6.0% 6.0% -4 bb
Podravka Group's balance sheet (in HRKm) 1-9 2019 1-9 2018 % change
Total assets 4,985.4 4,846.1 2.9%
Shareholders' equity 3,137.2 3,005.3 4.4%
Minority interests 45.6 42.4 7.6%
Cash and cash equivalents 129.3 211.1 -38.7%
Financial debt 984.6 966.2 1.9%
Net debt 855.2 755.1 13.3%
Podravka Group's cash flow (in HRKm) 30.09.2019 31.12.2018 % change
Net cash flow from operating activities 219.4 146.6 49.7%
Capital expenditures 101.4 108.5 -6.5%
Depreciation and amortization 161.1 140.6 14.5%
Free cash flow 118.0 38.1 209.7%
Podravka Group's ratios and indicators 30.09.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,872 6,517 5.4%
P&L interest expense (in HRKm) 15.5 17.9 -13.8%
Sales revenues / Number of employees (in HRK000) 639.2 649.4 -1.6%
Net profit after MI / Sales revenues (in HRK000) 31.1 31.6 -1.3%
Return on average assets 4.5% 4.3% +19 bb
Return on average capital 7.0% 7.1% -8 bb
Return on average invested capital 5.7% 5.4% +25 bb
Total shareholders' equity / Total assets 63.8% 62.9% +95 bb
EBIT / P&L interest expense 17.6 14.4 22.0%
Net debt / EBITDA 1.7 1.6 5.6%
Sales (in HRKm) 1-6 2019 1-6 2018 % change
Total revenues of Podravka Group 2,156.2 2,031.7 6.1%
Sales revenues of Podravka Group 2,139.5 2,035.1 5.1%
Sales revenues of Food 1,684.3 1,602.2 5.1%
Sales revenues of Pharma 455.2 432.8 5.2%
Podravka Group's profitability (in HRKm) 1-6 2019 1-6 2018 % change
Group's gross profit 803.8 760.6 5.7%
Group's gross profit margin 37.6% 37.4%  +19 bp
Group's EBITDA 288.6 243.5 18.5%
Group's EBITDA margin 13.5% 12.0%  +152 bp
Group's EBIT 182.9 149.2 22.6%
Group's EBIT margin 8.5% 7.3%  +122 bp
Group's net profit after MI 140.0 120.7 16.1%
Group's net profit margin after MI 6.5% 5.9%  +62 bp
Podravka Group's balance sheet (in HRKm) 1-6 2019 1-6 2018 % change
Total assets 4,939.8 4,846.1 1.9%
Shareholders' equity 3,080.8 3,005.3 2.5%
Minority interests 44.6 42.4 5.3%
Cash and cash equivalents 146.9 211.1 -30.4%
Financial debt 922.8 966.2 -4.5%
Net debt 775.9 755.1 2.7%
Podravka Group's cash flow (in HRKm) 30.06.2019 31.12.2018 % change
Net cash flow from operating activities 152.8 99.0 53.8%
Capital expenditures 65.6 67.4 -2.7%
Depreciation and amortization 105.8 94.3 12.1%
Free cash flow 87.2 31.6 175.8%
Podravka Group's ratios and indicators 30.06.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,793 6,517 4.2%
P&L interest expense (in HRKm) 16.5 17.9 -8.2%
Sales revenues / Number of employees (in HRK000) 638.4 649.4 -1.7%
Net profit after MI / Sales revenues (in HRK000) 33.1 31.6 4.9%
Return on average assets 5.0% 4.5%  +52 bp
Return on average capital 7.9% 7.5%  +46 bp
Return on average invested capital 6.2% 5.4% +37 bp
Total shareholders' equity / Total assets 63.3% 62.9%  +38 bp
EBIT / P&L interest expense 18.7 15.2 23.5%
Net debt / EBITDA 1.5 1.6 -6.8%
Sales (in HRKm) 1-3 2019 1-3 2018 % change
Total revenues of Podravka Group 1,030.6 987.1 4.4%
Sales revenues of Podravka Group 1,017.4 988.9 2.9%
Sales revenues of Food 815.5 789.8 3.3%
Sales revenues of Pharma 201.9 199.0 1.4%
Podravka Group's profitability (in HRKm) 1-3 2019 1-3 2018 % change
Group's gross profit 384.0 371.5 3.4%
Group's gross profit margin 37.7% 37.6% +17 bb
Group's EBITDA 156.5 135.6 15.4%
Group's EBITDA margin 15.4% 13.7% +166 bp
Group's EBIT 104.4 87.7 19.1%
Group's EBIT margin 10.3% 8.9% +139 bp
Group's net profit after MI 80.1 69.8 14.8%
Group's net profit margin after MI 7.9% 7.1% +82 bp
Podravka Group's balance sheet (in HRKm) 31.03.2019 31.12.2018 % change
Total assets 4,904.6 4,846.1 1.2%
Shareholders' equity 3,086.5 3,005.3 2.7%
Minority interests 43.9 42.4 3.5%
Cash and cash equivalents 145.1 211.1 -31.3%
Financial debt 984.2 966.2 1.9%
Net debt 839.1 755.1 11.1%
Podravka Group's cash flow (in HRKm) 1-3 2019 1-3 2018 % change
Net cash flow from operating activities 50.3 -41.4 -221.3%
Capital expenditures 24.1 24.5 -1.5%
Depreciation and amortization 52.1 47.9 8.6%
Free cash flow 26.2  (65.9) -139.7%
Podravka Group's ratios and indicators 31.03.2019 31.12.2018 % change
Employee number at the end of period (in units) 6,657 6,517 2.1%
P&L interest expense (in HRKm) 17.1 17.9 -4.6%
Sales revenues / Number of employees (in HRK000) 640.0 649.4 -1.4%
Net profit after MI / Sales revenues (in HRK000) 32.5 31.6 2.8%
Return on average assets 4.6% 4.3% +29 bp
Return on average capital 7.2% 7.1% +8 bp
Return on average invested capital 5.8% 5.4% +37 bp
Total shareholders' equity / Total assets 63.8% 62.9% +93 bp
EBIT / P&L interest expense 16.1 14.4 11.6%
Net debt / EBITDA 1.7 1.6 6.3%
Sales (in HRKm) 1-12 2018 1-12 2017 % change
Total revenues of Podravka Group 4,240.5 4,110.9 3.2%
Sales revenues of Podravka Group 4,232.1 4,111.2 2.9%
Sales revenues of Food 3,335.3 3,243.7 2.8%
Sales revenues of Pharma 896.9 867.5 3.4%
Podravka Group's profitability (in HRKm) 1-12 2018 1-12 2017 % change
Group's gross profit 1,558.4 1,484.1 5.0%
Group's gross profit margin 36.8% 36.1% +72 bp
Group's EBITDA 463.7 374.1 24.0%
Group's EBITDA margin 11.0% 9.1% +186 bp
Group's EBIT 258.4 91.1 183.8%
Group's EBIT margin 6.1% 2.2% +389 bp
Group's net profit after MI 205.7 18.2 1027.2%
Group's net profit margin after MI 4.9% 0.4% +442 bp
Podravka Group's balance sheet (in HRKm) 31.12.2018 31.12.2017 % change
Total assets 4,846.1 5,061.4