Adris Group posts net profit of HRK 663 m

The decline was due to strong investment and acquisition activities in 2018 and 2019 which were aimed at increasing the group's profitability and long-term sustainability.

In the first nine months of this year, total revenue was HRK 4.92 billion, an increase of 4% on the same period last year, and sales revenue rose by 7% to HRK 4.34 billion.

The increased cost of depreciation, the launch of new tourism products and the completion of restructuring at Group level reached HRK 118 million.

(€1 = 7.44 kuna)