Podravka d.d.

  • TickerPODR-R-A
  • ISINHRPODRRA0004
  • ExchangeZagreb Stock Exchange
  • SectorFood Producers
  • CountryCroatia
Filip Gracin
  • Filip Gracin
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Group: High Profitability Due to Cost Optimization and FX Hel...

In H1 2021 Podravka recorded sales in the amount of HRK 2,220.5m which marks an -1.1% YoY decrease. When considering that H1 2020 witnessed an unprecedented rise in demand amid the outbreak of COVID-19, along with a very unpredictable, but successful year for Podravka, we find it encouraging that Podravka was able to retain most of last year’s sales. Food fell by -2.2% YoY to HRK 1,716.6m with categories producing a mixed result. The biggest impact was made by BU Žito & Lagris, whose sales fe...

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Q2 21 - Results beating expectations again

Podravka again exceeded our expectations, this time on all operating levels Positive movements in FX additionally boosted operating profitability Low financial leverage and strong fundamentals remain an important pillar for potential M&A activities We expect a positive market reaction on the published results

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka confirmed at HOLD, TP HRK 603 - When FX plays in your favour,...

We are optimistic that Podravka has enough firepower left to handle the situation of growing prices of raw materials and packaging as well as elevated prices of transport services In our forecast period we expect further deleveraging and a stable DPS of HRK 9 to be disbursed to shareholders until FY 24e We believe that if the Croatian government eventually decides to sell its stake in Podravka (25.5%), it would be closer to the end-deadline (i.e. mid-2026) to reap the fruits of a successful strategy implementation

PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka D.D: 1 director

A director at Podravka D.D sold 2,845 shares at 552.000HRK and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Research Team
  • Research Team
VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services) ... (+3)

Raiffeisen Research Institutional Equity Daily 03.05.2021

 AT: Frequentis - Frequentis closes acquisition of Orthogon, one third of L3Harris deal, earlier than expected (positive)  AT: voestalpine - Press reports about delayed start-up of special steel plant in Kapfenberg contains no material news (neutral)  HR: Podravka Q1 21 - Another set of above expected results below EBITDA level (positive)

VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services)
FQT Frequentis AG W... (Food & Beverage)
Filip Gracin
  • Filip Gracin
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Group: High Profitability Due to Cost Optimization and FX Hel...

In H1 2021 Podravka recorded sales in the amount of HRK 2,220.5m which marks an -1.1% YoY decrease. When considering that H1 2020 witnessed an unprecedented rise in demand amid the outbreak of COVID-19, along with a very unpredictable, but successful year for Podravka, we find it encouraging that Podravka was able to retain most of last year’s sales. Food fell by -2.2% YoY to HRK 1,716.6m with categories producing a mixed result. The biggest impact was made by BU Žito & Lagris, whose sales fe...

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Q2 21 - Results beating expectations again

Podravka again exceeded our expectations, this time on all operating levels Positive movements in FX additionally boosted operating profitability Low financial leverage and strong fundamentals remain an important pillar for potential M&A activities We expect a positive market reaction on the published results

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka confirmed at HOLD, TP HRK 603 - When FX plays in your favour,...

We are optimistic that Podravka has enough firepower left to handle the situation of growing prices of raw materials and packaging as well as elevated prices of transport services In our forecast period we expect further deleveraging and a stable DPS of HRK 9 to be disbursed to shareholders until FY 24e We believe that if the Croatian government eventually decides to sell its stake in Podravka (25.5%), it would be closer to the end-deadline (i.e. mid-2026) to reap the fruits of a successful strategy implementation

PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka D.D: 1 director

A director at Podravka D.D sold 2,845 shares at 552.000HRK and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Research Team
  • Research Team
VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services) ... (+3)

Raiffeisen Research Institutional Equity Daily 03.05.2021

 AT: Frequentis - Frequentis closes acquisition of Orthogon, one third of L3Harris deal, earlier than expected (positive)  AT: voestalpine - Press reports about delayed start-up of special steel plant in Kapfenberg contains no material news (neutral)  HR: Podravka Q1 21 - Another set of above expected results below EBITDA level (positive)

VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services)
FQT Frequentis AG W... (Food & Beverage)
Filip Gracin
  • Filip Gracin
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Group: High Profitability Due to Cost Optimization and FX Hel...

In H1 2021 Podravka recorded sales in the amount of HRK 2,220.5m which marks an -1.1% YoY decrease. When considering that H1 2020 witnessed an unprecedented rise in demand amid the outbreak of COVID-19, along with a very unpredictable, but successful year for Podravka, we find it encouraging that Podravka was able to retain most of last year’s sales. Food fell by -2.2% YoY to HRK 1,716.6m with categories producing a mixed result. The biggest impact was made by BU Žito & Lagris, whose sales fe...

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Q2 21 - Results beating expectations again

Podravka again exceeded our expectations, this time on all operating levels Positive movements in FX additionally boosted operating profitability Low financial leverage and strong fundamentals remain an important pillar for potential M&A activities We expect a positive market reaction on the published results

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka confirmed at HOLD, TP HRK 603 - When FX plays in your favour,...

We are optimistic that Podravka has enough firepower left to handle the situation of growing prices of raw materials and packaging as well as elevated prices of transport services In our forecast period we expect further deleveraging and a stable DPS of HRK 9 to be disbursed to shareholders until FY 24e We believe that if the Croatian government eventually decides to sell its stake in Podravka (25.5%), it would be closer to the end-deadline (i.e. mid-2026) to reap the fruits of a successful strategy implementation

PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka D.D: 1 director

A director at Podravka D.D sold 2,845 shares at 552.000HRK and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Research Team
  • Research Team
VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services) ... (+3)

Raiffeisen Research Institutional Equity Daily 03.05.2021

 AT: Frequentis - Frequentis closes acquisition of Orthogon, one third of L3Harris deal, earlier than expected (positive)  AT: voestalpine - Press reports about delayed start-up of special steel plant in Kapfenberg contains no material news (neutral)  HR: Podravka Q1 21 - Another set of above expected results below EBITDA level (positive)

VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services)
FQT Frequentis AG W... (Food & Beverage)
Filip Gracin
  • Filip Gracin
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Group: High Profitability Due to Cost Optimization and FX Hel...

In H1 2021 Podravka recorded sales in the amount of HRK 2,220.5m which marks an -1.1% YoY decrease. When considering that H1 2020 witnessed an unprecedented rise in demand amid the outbreak of COVID-19, along with a very unpredictable, but successful year for Podravka, we find it encouraging that Podravka was able to retain most of last year’s sales. Food fell by -2.2% YoY to HRK 1,716.6m with categories producing a mixed result. The biggest impact was made by BU Žito & Lagris, whose sales fe...

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka Q2 21 - Results beating expectations again

Podravka again exceeded our expectations, this time on all operating levels Positive movements in FX additionally boosted operating profitability Low financial leverage and strong fundamentals remain an important pillar for potential M&A activities We expect a positive market reaction on the published results

Silvija Kranjec
  • Silvija Kranjec
PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka confirmed at HOLD, TP HRK 603 - When FX plays in your favour,...

We are optimistic that Podravka has enough firepower left to handle the situation of growing prices of raw materials and packaging as well as elevated prices of transport services In our forecast period we expect further deleveraging and a stable DPS of HRK 9 to be disbursed to shareholders until FY 24e We believe that if the Croatian government eventually decides to sell its stake in Podravka (25.5%), it would be closer to the end-deadline (i.e. mid-2026) to reap the fruits of a successful strategy implementation

PODR-R-A PODRAVKA D.D. (Food & Beverage)

Podravka D.D: 1 director

A director at Podravka D.D sold 2,845 shares at 552.000HRK and the significance rating of the trade was 66/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board m...

Research Team
  • Research Team
VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services) ... (+3)

Raiffeisen Research Institutional Equity Daily 03.05.2021

 AT: Frequentis - Frequentis closes acquisition of Orthogon, one third of L3Harris deal, earlier than expected (positive)  AT: voestalpine - Press reports about delayed start-up of special steel plant in Kapfenberg contains no material news (neutral)  HR: Podravka Q1 21 - Another set of above expected results below EBITDA level (positive)

VOE VOESTALPINE AG (Basic Resources)
PODR-R-A PODRAVKA D.D. (Industrial Goods & Services)
FQT Frequentis AG W... (Food & Beverage)

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