Atlantic Grupa's 2012 revenues at EUR 667.4 million

Atlantic Grupa reported EUR 667.4 million in revenues in 2012, up 4.8 percent from 2011. The earnings before interest, taxes, depreciation and amortization (EBITDA) grew 14.9 percent, to EUR 76.7 million, whereas the net profit after minority interest rose 18.5 percent, to EUR 7.4 million. All strategic divisions of the business achieved a growth in sales revenues, with the largest one achieved by Kafa (Coffee) - 8.9 percent, Zdravlje i Nega (Health and Care) - 7.8 percent, and Delikatesni Namazi (Delicatessen Spreads) - 7.6 percent, Atlantic Grupa said in a release.

Atlantic Grupa in Serbia produces, develops, trades and distributes consumer goods operating companies Stark, Grand Kafa, Palanacki Kiseljak, Multivita and Atlantic Brands.

According to the release, the market of Serbia is Atlantic Grupa's second largest retail market with a 24.9 percent share in total sales revenues, and the group's revenues in Serbia in 2012 grew 1.9 percent in total when compared to 2011. In local currency, sales revenues rose 11.7 percent.