Ledo d.d. Reports Earnings Results for the Month of March 2018; Provides Earnings Guidance for the Year 2018

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%).