is expressed through our relationship toward our brands, colleagues and clients
Atlantic Grupa is one of the most dynamic business systems in the region which realises a significant portion of its business activities in the EU. Atlantic’s employees, premeditated strategy, flexibility and strong brands are the cornerstones of our successful development.
President and Chief Executive Officer
After the successful launch of the specialized Farmacia store in Arena Centar Zagreb, as of recently, Farmacia, the chain of pharmacies and specialized stores, is offering its services, various medical products, dermo cosmetics, and the rest of its assortment in a new specialized store in Zapadni Trgovački Centar Rijeka.
The FARMACIA chain of pharmacies and specialized stores has decided to offer new services and medical products in a modern equipped specialized FARMACIA store in a new, attractive location - Arena Centar, Zagreb.
A unique feature of the new specialized store is the Multipower corner – the sports and active food corner. The complete assortment of the leading producer of sports food in 36 countries is available in one place. The Farmacia and Multipower team are available to help you choose the right product.
The grand opening on Friday, November 16th was attended by basketball players from BC Cedevita, and other celebrities from the sports realm and public life. Over the weekend, Ana Begić, Renata Sopek and Vanda Winter visited the new specialized Farmacia store. While there, they chose something for themselves from our wide range of dermo cosmetics, food supplements, herbal concoctions, and medical equipment.
Last month, our Bebi baby food program participated at a conference in Siberia named Pharmacotherapy and nutrition in paediatrics.
The conference was attended by paediatricians and colleagues from educational-research organizations, as well as experts from the field of health protection. More than 800 medical professionals attended, from various regions of the Siberian Federal county.
During the conference, an exposition was held, where more than 60 companies participated, of which 12 were representatives of baby food products. At Bebi’s booth, visitors could get all the information on Bebi products, as well as Bebi food, and Bebi premium tea samples, while they could also try the new products such as Bebi Premium juices and food, and Bebiki, “Mamin recept”, and gluten-free “Prvi zub” cookies.
Attending such symposiums is a very good way of transmitting information on Bebi products to the medical public, with the help of renowned experts from the field of global medicine. So through the recommendation of respected professors, information on Bebi products came to doctors of various specializations from Russia and other markets.
According to the results from the fair, it can be concluded that Bebi is one of the leaders in baby food production; it develops a product assortment taking into account market demand with the use of the newest scientific findings. A survey of visitors to the Bebi booth showed a good knowledge of the Bebi assortment and extremely high consumer loyalty. Bebi Premium food especially stood out, and Bebiki gluten-free cookies became a favourite at the fair itself.
Atlantic Grupa doubled sales and normalized operating profitability.
In the first half of 2011, Atlantic Grupa posted 104.8% yoy higher sales of 2,197.1 million kuna. Earnings before interest and taxes (EBIT) excluding one-off items doubled in comparison to the same period last year and amounted to 127.7 million kuna. Earnings before interest, taxes and amortization (EBITDA) excluding one-off items advanced 156.5% yoy to 229.5 million kuna, while normalized net profit before minority interests amounted to 14.5 million kuna. The majority of sales growth came on the back of Droga Kolinska’s consolidation, with additional contribution from the Sports and Functional Food Division that posted the strongest organic sales growth of 19.5%, followed by the Pharma Division with 12.5% sales growth.
During the first half of the year, the integration of Droga Kolinska in Atlantic Grupa’s business model was successfully finalized with a joint distribution infrastructure established on all regional markets, merged logistics processes and developed centralized purchasing system as well as central marketing.
“Following successful execution of key integration activities with special emphasis on distribution and logistics on the regional markets, in 1H11 Atlantic Grupa delivered two times higher sales and normalized operating profitability as compared to the same period last year. The company delivered growth on nearly all important markets, especially Serbia with organic growth of over 9%, as well as Germany and Great Britain with double-digit growth rates. Moving ahead, the focus is on improving and optimizing internal processes, developing techniques for operative and financial risk management as well as active brand management with the primary goal of achieving synergy potentials and meeting existing financial obligations”, highlighted Zoran Stanković, Vice-president for finance at Atlantic Grupa.
In Atlantic Grupa’s total sales, the Croatian market accounted for 28.6%, followed by Serbia with 24.9%, Slovenia with 11.9% and Western Europe with 9%. Own brands, following the consolidation of Droga Kolinska’s brands, accounted for 71.6%, principal brands made up 17%, Farmacia 5.9%, while private label sales accounted for 5.5% of sales.
Agrokor and Atlantic Grupa, each as individual owner of 13 percent of shares of RTL Hrvatska, announced today that they have reached an agreement with RTL Group which is to acquire their respective shareholdings in the Croatian broadcasting operation.
You can find attached the Announcement about transferring shares from minority shareholders of Kalničke Vode Bio Natura d.d. (PLC) to the major shareholder Atlantic Grupa d.d. (PLC), and completed merger of Kalničke Vode Bio Natura d.d. and Cedevita d.o.o. (Ltd).