Cromaris achieved excellent business results in the first half of 2021

06.08.2021

Although the corona crisis caused numerous logistical challenges in the distribution of fresh and processed fish during the first half of 2021, Cromaris achieved sales of 5.520 tons of whole fish equivalent in the first half of 2021, which is 17 percent more than in the first six months of last year. We continue to achieve a high share of sales in foreign markets – 87 percent of volume sales and 88 percent of sales revenue, primarily due to strong growth in the markets of Italy, Switzerland, France and Poland. Revenues from differentiated products rose 10 percent and currently account for a 45 percent share of total sales. Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to HRK 33 million, which represents a growth of 23 percent, and net profit to HRK 7.9 million.

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