Croatian Companies FY 2015 Earnings Overview
2015 was a rather positive year in terms of earnings, as most companies recorded improvements both on the top and the bottom lines. Tourism companies still stand out on the back of strong investments and a nice weather during the season. The year was marked by a number of M&As - Podravka, HT and Valamar Riviera were helped by consolidations made during the year, and Adris’ business model changed significantly after the sale of its tobacco business.
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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