Agrokor reports strong H1 growth | Progresiv

Croatian Agrokor conglomerate has reported a strong set of results for its fiscal first half, particularly for its Retail and Wholesale operations.

For the six months to end-June, the group reported an operating profit of 729.7 million Croatian kuna (98.2 million euros), with revenues of 11 billion Croatian kuna (1.48 billion euros).

The overall Retail & Wholesale business recorded 6.1 billion Croatian kuna (821 million euros) of revenue, on operating profit of 70.2 million Croatian kuna (9.45 million euros), helped by 4.1 billion Croatian kuna (552 million euros) in revenues from the Konzum supermarket banner alone. Agrokor said that Konzum reported a rise in the number of customers and the average basket. (www.kamcity.com)