Croatian Companies 9M 2015 Earnings Overview
​The first 9 months of the year were rather positive for most blue-chips on the Zagreb Stock Exchange. Tourism companies stood out the most on the back of nice weather during the season. Other than that, AD Plastik and Koncar’s results were boosted by big projects, while Adris had a significant one-off gain related to the sale of its tobacco arm. In line with the expected improvement in GDP, we believe the last quarter should remain solid on the stock exchange.
InterCapital is an independent investment company established in 2001, and is one of the leading companies for trading of financial instruments, asset management and investment banking services in the Republic of Croatia, as well as the neighbouring markets of Slovenia, Serbia, Romania and Bulgaria. Both equity and macro analyses provided by our research team help further increase value offered to our clients.
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