Predict your next investment

Corporation
podravka.com

See what CB Insights has to offer

Investments

1

Partners & Customers

1

About Podravka

Podravka is a food processing and pharmaceutical company producing high quality products and respecting the principles of sustainable development.

Podravka Headquarter Location

Ante Starčevića 32

Koprivnica, 48000,

Croatia

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Podravka News

Croatia's Podravka boosts H1 net profit 22% y/y to 197.6 mln kuna (26 mln euro)

Jul 22, 2021

Author: Podravka. License: All rights reserved. ZAGREB (Croatia), July 22 (SeeNews) – Croatia's food, beverages and pharmaceuticals producer Podravka group [ZSE:PODR] said on Thursday its first-half net profit rose 22% on the year to 197.6 million kuna ($30.1 million/26.2 million euro). The net profit of the food division reached 136.3 million kuna, up 14% on the year, while the net profit of the pharmaceuticals division surged 46% on the year to 61.3 million kuna in the six months through June, Podravka said in a filing to the Zagreb bourse citing consolidated unaudited results. The sales revenue of Podravka group dipped 1.1% to 2.22 billion kuna. An annual decline of the sales revenue was expected compared to 2020 as a result of extraordinary orders and stock piling of additional reserves by the consumers at the end of March 2020 caused by the lockdown set due to the COVID pandemic in most of the countries where Podravka operates, the company said in the filing. Compared to the overall sales in the first half of pre-COVID 2019, the sales revenue in the first half of 2021 was 4% higher. Within the pharmaceuticals division, the highest annual growth rate of 4.3% was reported for prescription drugs in the January-June 2021 period. In terms of sales by regions, sales of the food division rose 8.2% on the year in western Europe and overseas countries, while the pharmaceuticals division's highest growth rate, of 14%, was on the markets of central Europe, driven by higher sales of prescription drugs. Podravka's shares traded at 586 kuna intraday on Thursday, up 0.34% from the previous closing price. (1 euro=7.491 Croatian kuna) AD

Podravka Investments

1 Investments

Podravka has made 1 investments. Their latest investment was in Gammachef as part of their Unattributed on December 12, 2016.

CBI Logo

Podravka Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/20/2016

Unattributed

Gammachef

Yes

1

Date

12/20/2016

Round

Unattributed

Company

Gammachef

Amount

New?

Yes

Co-Investors

Sources

1

Podravka Partners & Customers

1 Partners and customers

Podravka has 1 strategic partners and customers. Podravka recently partnered with Nestle on .

Date

Type

Business Partner

Country

News Snippet

Sources

Licensor

Nestle

Switzerland

A contract signed between Podravka d.d and Nestlé World Trade Corporation ♥ Podravka

Podravka prehrambena industrija d.d. , Croatia and Nestlé World Trade Corporation , Switzerland have entered into a Sales , Logistics and Distribution Agreement regarding certain products of the Nestlé group to be sold in the territory of Republic of Croatia , Republic of Bosnia and Herzegovina , Federal Republic of Yugoslavia and Republic of Macedonia .

1

Date

Type

Licensor

Business Partner

Nestle

Country

Switzerland

News Snippet

A contract signed between Podravka d.d and Nestlé World Trade Corporation ♥ Podravka

Podravka prehrambena industrija d.d. , Croatia and Nestlé World Trade Corporation , Switzerland have entered into a Sales , Logistics and Distribution Agreement regarding certain products of the Nestlé group to be sold in the territory of Republic of Croatia , Republic of Bosnia and Herzegovina , Federal Republic of Yugoslavia and Republic of Macedonia .

Sources

1

Podravka Team

1 Team Member

Podravka has 1 team member, including former Senior Vice President, Mario Baburic.

Name

Work History

Title

Status

Mario Baburic

Senior Vice President

Former

Name

Mario Baburic

Work History

Title

Senior Vice President

Status

Former

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.