Source: eKapija | Thursday, 05.11.2015.| 15:45
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Victoria Group reports revenue growth of 15% - Increased sales of soybean and sunflower products

(Photo: Africa Studio/shutterstock.com)
According to consolidated business results in the period September 2014 - August 2015, in so-called 'agricultural year', Victoria Group registerd a sales revenue of over EUR 380 million, up 15% from the previous agricultural year. Sales grew in both Serbia and abroad with exports accounting for more than 40% of total sales revenue.
EBITDA was increased by 10 million euro, that is, by one third, as a result of better utilization of the factory capacity, reduced costs of production, increased sales, as well as a record purchase of oilseeds as an important precondition at the start of agricultural year. Factories Sojaprotein and Victoriaoil, best-performing members of Victoria Group, processed a total of 500,000 tonnes of oilseeds – soybean, sunflower and oilseed rape.
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