Djuro Djakovic Group posts net loss of HRK 11.5 mn

Industrial machine manufacturer Djuro Djakovic Group generated HRK 103 million in revenues in the first quarter of 2016, which was 15% more than in the same period of 2015, and reduced its net loss by 38% to HRK 11.5 million, the Slavonski Brod-based group said on Friday.

EBITDA was negative, reduced by 7.7 million to HRK 3.2 million.

The value of the contracts signed as of March 2016 was HRK 764 million, which was an increase of 207% compared with the first quarter of 2015. The group said it expected to fulfil its plans for 2016.

Last update: Fri, 29/04/2016 - 19:37

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