Atlantic Grupa d.d. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2017. For the fourth quarter, the company reported operating income was HRK 48,322,010 against HRK 28,668,570 a year ago. Loss before tax was HRK 118,140,791 against loss before tax was HRK 19,154,246 a year ago. Loss for the period was HRK 117,393,129 against loss for the period was HRK 18,730,128 a year ago. Sales revenue of HRK 1,356,582,000 against HRK 1,324,095,000 a year ago. Turnover was HRK 1,392,406,000 against HRK 1,350,981,000 a year ago. EBITDA was HRK 159,135,000 against HRK 159,722,000 a year ago. EBIT was HRK 82,392,000 against LBIT of HRK 9,142,000 a year ago. EBT was HRK 60,970,000 against LBT of HRK 69,656,000 a year ago. Profit attributable to owners of the parent was HRK 37,997,000 or HRK 11.41 per basic and diluted share against HRK 68,218,000 or HRK 20.46 per basic and diluted share a year ago.

For the full year of 2017, the company reported operating income was HRK 151,533,195 against HRK 123,277,617 a year ago. Profit before tax was HRK 4,875,937 against loss before tax was HRK 12,761,469 a year ago. Profit for the period was HRK 4,282,895 against loss for the period was HRK 12,736,227 a year ago. Net decrease in cash flow from operating activities was HRK 12,531,354 compared to HRK 35,385,655 a year ago. Sales revenue of HRK 5,306,817,000 against HRK 5,106,266,000 a year ago. Turnover was HRK 5,372,074,000 against HRK 5,174,539,000 a year ago. EBITDA was HRK 582,226,000 against HRK 474,368,000 a year ago. EBIT was HRK 406,468,000 against HRK 307,788,000 a year ago. EBT was HRK 356,909,000 against HRK 204,145,000 a year ago. Profit attributable to owners of the parent was HRK 275,529,000 or HRK 82.69 per basic and diluted share against HRK 162,800,000 or HRK 48.83 per basic and diluted share a year ago. Cash generated from operations was HRK 505,076,000 against HRK 428,152,000 a year ago. Purchase of property, plant and equipment and intangible assets was HRK 129,193,000 against HRK 140,172,000 a year ago.

For the year 2018, the company expects sales of HRK 5,400 million, EBITDA of HRK 550 million, EBIT of HRK 375 million and interest expense of HRK 45 million. Capital expenditure to be approximately HRK 160 million. The expected effective tax rate in 2018 will remain at the same level as in the previous year.