In the first nine months of this year, Đuro Đaković Group achieved a consolidated profit before tax of 3.4 million euros, which is 23.5 percent less than in the same period last year when the profit was 4.5 million euros, according to the consolidated financial report published on Tuesday.
The total consolidated revenues of the group amounted to 89.5 million euros, an increase of 15.5 percent, while total expenses rose by 17.9 percent to 86.1 million euros.
The majority of revenues come from sales, which reached 82.6 million euros. Revenues from sales in the domestic market amounted to 10.95 million euros, which is 13.3 percent of sales revenue. In the foreign market, 88.7 percent of sales revenue was achieved, or 71.7 million euros.
Regarding expectations for this year, the report states that the main processes currently occurring in Đuro Đaković Group relate to three key goals – the continuation of the restructuring process based on the restructuring program covering the period from 2022 to the end of 2024, optimization of the wagon production process in terms of efficiency and volume, and sales activities in the Transport and Defense department to secure new contracts in 2025.
The contracted business of the group companies until the end of 2024 amounts to 49.1 million euros.
The group has entered a stable phase of operations that should continue with revenue growth and profit margins.
At the end of September, a total of 755 employees were employed in the companies of Đuro Đaković Group.
