{"id":6581,"date":"2017-10-26T12:47:03","date_gmt":"2017-10-26T10:47:03","guid":{"rendered":"http:\/\/adplastik.wp\/?p=6581"},"modified":"2021-04-08T14:18:06","modified_gmt":"2021-04-08T12:18:06","slug":"continuation-of-positive-business-trends","status":"publish","type":"post","link":"https:\/\/www.adplastik.hr\/en\/novosti\/korporativne\/continuation-of-positive-business-trends","title":{"rendered":"Continuation of positive business trends"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Positive business trends of AD Plastik Group have successfully\ncontinued in the third quarter. Operating revenue grew by 5.9 percent and in\nthe first nine months of 2017 they amounted to HRK 779.5 million. The net\nprofit in the amount of HRK 41.7 million was by 33.7 percent higher than in the\nsame period last year.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The final recovery of the Russian market contributed greatly to\ntotal revenue growth, and operating revenue in that market grew by even 21\npercent, while overall vehicle sales growth in Russia in the same period\namounted to 10.6 percent. In the markets of the European Union and Serbia, AD\nPlastik has a stable market position which has been strengthened through the\nnew deals sealed in 2017.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eContinuous work on optimizing business efficiency and cost\nmanagement is manifested primarily through increased margins and profitability.\nEBITDA margin in the reporting period amounted to a very high 15.1 percent and\nEBITDA amounted to HRK 117.5 million, showing a growth of 18.2 percent compared\nto the same period of the previous year,&#8221; said Marinko Do\u0161en, President of\nthe Management Board.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The financial position of AD Plastik Group strengthened in\nthe first nine months of 2017, so as compared to the end of last year, the\ncredit indebtedness decreased by HRK 31.2 million.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201eIn the observed\nperiod, we have been working intensively on signing new deals for existing\ncustomers which have reached the final phase of the negotiations and we are\nhoping for the upcoming nominations. In the third quarter, a dividend of HRK\n8.5 per share was paid and we started investing in &#8216;Pilot painting line for\nindustrial research, development and innovation&#8217;,&#8221; said Marinko Do\u0161en.<\/p>\n ","protected":false},"excerpt":{"rendered":"<p>Positive business trends of AD Plastik Group have successfully continued in the third quarter. Operating revenue grew by 5.9 percent and in the first nine months of 2017 they amounted to HRK 779.5 million. The net profit in the amount of HRK 41.7 million was by 33.7 percent higher than in the same period last [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[193,79],"tags":[],"class_list":["post-6581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-korporativne"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Continuation of positive business trends - AD Plastik<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.adplastik.hr\/en\/news\/corporate\/continuation-of-positive-business-trends\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Continuation of positive business trends - AD Plastik\" \/>\n<meta property=\"og:description\" content=\"Positive business trends of AD Plastik Group have successfully continued in the third quarter. Operating revenue grew by 5.9 percent and in the first nine months of 2017 they amounted to HRK 779.5 million. 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