Normalized net profit of the Podravka Group in the first three months of this year amounts to 21 million euros, which is an increase of 4.7 percent compared to the same period last year, the company reported on Tuesday.
The Group, as they stated, continued successful operations in the first three months with revenue growth in the food and pharmaceutical segments and an increase in revenue and profitability at the group level. Group revenues increased by 4.9 million euros, or two percent.
– The first quarter of 2026 confirms the continuity of the successful operations of the Podravka Group, with revenue growth and an increase in profitability at the group level – emphasized the CEO Martina Dalić.
The statement notes that in the first three months of this year, the food segment achieved 2.6 million euros, or 1.8 percent more in sales revenue compared to the same period last year, while the pharmaceutical segment recorded revenue growth of 2.2 million euros, or 4.9 percent.
The agri segment achieved 0.4 percent lower business revenues compared to the comparable period. This result, as they explain, was achieved under conditions of a significant drop in milk prices and disruptions in the live pig market due to the spread of African swine fever in Europe, as well as a different sales realization dynamic in crop production compared to the previous year.
The growth of normalized net profit was achieved in the food and agri segments, while the pharmaceutical segment records a slightly lower level of normalized net profit.
Alongside the growth of revenue and profitability, the Podravka Group continued to invest in modernization and development, with capital investments amounting to 7.4 million euros. The largest part of the investments is directed towards further increasing the efficiency and sustainability of agricultural production within the agri segment, from the procurement of new agricultural machinery and irrigation systems to genetic improvement of the herd, which should ensure higher yields and stronger competitiveness in the long term.
At the same time, the modernization of production lines in the food part of the business continues, as well as the development of new facilities within Podravka’s locations, further strengthening the brand’s connection with consumers and creating preconditions for further profitability growth, the statement concludes.
