Kraš Group achieved a net profit of 14.8 million kuna in the past year, which is 5.9 percent higher compared to 2014, according to data from the financial report published on Wednesday.
Total consolidated revenues of Kraš Group reached 1.03 billion kuna, which is 0.6 percent higher than the previous year. The majority of revenues come from sales, amounting to 1 billion kuna, of which 554.3 million kuna is from the domestic market and 448.4 million kuna from abroad.
Total consolidated expenses of Kraš Group amounted to 1.01 billion kuna, an increase of 0.9 percent. The increase in expenses was primarily influenced by rising procurement prices of basic raw materials, especially cocoa and cocoa products, as well as a significant rise in prices of stone fruits, hazelnuts, and almonds.
In 2015, after covering total operating expenses, Kraš Group achieved a profit before tax of 19.3 million kuna, while the net profit of the group amounts to 14.8 million kuna.
The gross profit of the Group during this period reached 338.3 million kuna, with a gross margin of 33.74 percent.
The report states that activities to strengthen the market positioning of brands continued. With increased marketing activities and investments in the market, there was an increase in sales volume in both domestic and export markets. The share of exports in total sales increased to 47 percent, with direct exports to 37 countries worldwide.
In 2015, exports to overseas markets – Saudi Arabia and the USA, as well as to the markets of Austria, Sweden, Switzerland, Slovenia, Serbia, and Montenegro increased.
In accordance with plans and strategies for further development, significant investment projects for the modernization of production facilities in Zagreb, Osijek, and Prijedor were realized during 2015.
