Maistra – operating income increased by seven percent

first_imgSource / photo: Adris group, Maistra Maistra as part of the Adris Group, including the Dubrovnik Hilton Hotel, in the first nine months of this year compared to the same period last year, achieved one percent higher sales of accommodation units, with an increase in the average unit price of six percent, which led to higher operating revenues of seven per cent. EBITDA (profit before depreciation, interest and taxes) amounts to HRK 552 million and is two percent higher than last year. The realized net profit in the amount of HRK 373 million is four percent higher. Current booking confirms the current positive revenue growth trends.  HUP-Zagreb dd, on a consolidated level, generated one percent higher operating revenues. The number of units sold is down four percent, with prices rising seven percent. EBITDA amounts to HRK 153 million and is seven percent higher than last year. EBIT (profit before interest and taxes) recorded an increase of eight percent and amounted to HRK 119 million.  In the first nine months of this year, the total revenues of the Adris Group were four percent higher than the revenues generated in the same period last year. Consolidated net profit, on the other hand, is 12 percent lower than last year. This is a consequence, among other things, of the introduction of new tourism products and the completion of the restructuring process at the Group level.  The strategic plan of the tourism part of the Group, for the period until 2024, worth almost four billion kuna, is currently being prepared. The plan includes building new and repositioning existing products in Rovinj, Vrsar, Dubrovnik and Zagreb. The formal completion of the procedure related to the Marjan Hotel in Split is expected soon, which will enable Adris to enter this growing tourist destination. last_img

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