Report

Podravka Q3 22 - Strong beat of RBIe on all P&L levels

Podravka reported another set of good quarterly results
Top line outperformance was driven by both business segments (Food and Pharma)
Operating profitability at the EBITDA and EBIT level again exceeded RBIe (like Q2 22)
We see the published results as positive for the share price development
Underlying
Podravka d.d.

Provider
Raiffeisen Bank International AG - Institutional Equity
Raiffeisen Bank International AG - Institutional Equity

The Institutional Equity Research team of Raiffeisen Bank International AG covers 85 stocks from Austria, Central & Eastern Europe with sell-side research and thus levers our local broker status with excellent company relationships. For corporates in Austria, CEE and Western Europe, we offer co-sponsored research, which includes research coverage and marketing activities to investors. Additionally, through our Spotlight Research product we also shed light on leading European small and micro-caps, seeking greater visibility with investors.

The Institutional Equity Research team consists of roughly 15 analysts, both in Vienna and the CEE countries. Our analysts provide long-standing sector expertise in tandem with profound local market know how and a sectoral approach across the entire region.

Analysts
Silvija Kranjec

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