The Supervisory Board of Podravka confirmed, at its meeting today, the revised financial reports of Podravka Group and Podravka for 2021, as stated in the press release.
In the challenging year of 2021, Podravka Group achieved sales revenue of 4.63 billion kuna and a net profit of 309.2 million kuna. Compared to the previous year, sales revenue grew by 2.8 percent, while profit increased by 24.2 percent. Along with continued organic growth, strong profit growth was enabled by further business rationalization and control of operating costs.
Sales revenue grew in both business segments of Podravka Group, Food and Pharmaceuticals.
Excellent results allowed for an increase in the anticipated dividend payout. The Supervisory Board accepted the Management’s proposal for a dividend payout of 13 kuna per share. This is four kuna more per share than was paid last year when the dividend amounted to 9 kuna gross. The final decision on the dividend payout will be made by the company’s Assembly, which will be held on June 14, 2022. If the Assembly confirms the payout, the dividend will be paid to all shareholders registered in the Central Depository & Clearing Company on July 14, 2022, with the payment date set for August 12, 2022.
