Ledo d.d. Reports Consolidated Earnings Results for the Nine Month Ended September 30, 2017

Ledo is one of the Croatian leaders of the production of distribution of ice creams and frozen foods. Net sales (including intragroup) break down by family of products as follows: - ice creams (52.4%): brands Kontiki, Njofra, Snow White, Macho, Twice, Grandissimo, etc.; - frozen foods (46.1%): fish, pastries, fruits and vegetables, ready meal, etc.; - other (1.5%). Net sales break down geographically as follows: Croatia (41.7%), Serbia (30.8%), Bosnia and Herzegovina (14.3%), Montenegro (4.6%), Slovenia (4.1%) and other (4.5%).