The financial statement of AD Plastik Group for the first six\nmonths of 2021, which confirms the growth of indicators despite the challenges\nin the global market, has been published. The Group’s operating revenue\nincreased by 13.4 percent compared to the same period last year and amounted to\nHRK 622.43 million. EBITDA grew by 9.3 percent and amounted to HRK 82.50\nmillion, while net profit amounted to HRK 32.43 million, representing an\nincrease of 87.4 percent.<\/p>\n\n\n\n
“The consequences of the pandemic and shortage of\nsemiconductors in the market have slowed down the production of new cars in\nEurope, so we have been adapting our operational plans to customers. At the\nsame time, the Russian market has been currently recovering faster and the\nconsequences of the semiconductor shortage have not been observed there, so,\naccordingly, our factories are recording a more significant increase than the\nEuropean ones. We have a stable financial position and we have been working\nsmoothly on the development activities for about forty previously contracted\nprojects for the European and Russian markets. Along with all the challenges\nand uncertainties, there is a slight but confident shift towards market\nrecovery. Unfortunately, the pandemic is still present, therefore further\ncaution is necessary. We monitor global trends and adjust our business, and we\nare focused on achieving our goals for this year,” said the President of\nthe Management Board of AD Plastik Group, Marinko Do\u0161en.<\/strong><\/p>\n\n\n\n Strong revenue growth in the Russian market and the movement\nof Russian ruble and Hungarian forint exchange rates had a positive impact on\nthe Group’s results, while the lack of semiconductors in the European market\nprevented a significat indicators increase in the parent company.<\/p>\n\n\n\n In the reporting period, AD Plastik Group sealed new deals\nworth EUR 104 million and reduced its financial debt. Most of the deals were\nsealed in the European market, namely EUR 79.9 million of them for the\nStellantis Group and EUR 24.1 million in the Russian market for AvtoVAZ, Nissan\nand the Volkswagen Group.<\/p>\n\n\n\n \u201eSealed deals in our portfolio provide us with a secure\nperspective, while a stable financial position and quality allow us to face\ncurrent challenges more easily. The pandemic is still ongoing, so the\nuncertainty of its development and the lack of semiconductors complicate\nbusiness operations and planning. Therefore, caution is necessary and our focus\non risk management is still strengthened. Although this is another challenging\nyear, we believe that the end of the crisis will be a new and big driver for\nthe AD Plastik Group and the automotive industry as a whole. Our current plans\nand realization are adapted to the circumstances, and we are ready for the\nrapid changes and adjustments that the future brings,\u201c said Marinko Do\u0161en.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":" The financial statement of AD Plastik Group for the first six months of 2021, which confirms the growth of indicators despite the challenges in the global market, has been published. The Group’s operating revenue increased by 13.4 percent compared to the same period last year and amounted to HRK 622.43 million. EBITDA grew by 9.3 […]<\/p>\n","protected":false},"author":31,"featured_media":22039,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,192],"tags":[],"class_list":["post-22038","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-news"],"acf":[],"yoast_head":"\n