Krka posts record quarterly sales, profit at EUR 49.4m
The bulk of sales revenue (94%) was generated in markets outside of Slovenia, the company said in a regulatory filing on Wednesday. Volume sales increased by 10%.
The group's largest sales region, East Europe, accounted for EUR 106.2m in sales revenue, an increase of 4% year-on-year. Sales in Russia were up by 1% to EUR 74.5m.
Region Central Europe, comprising the Visegrad Four and the Baltic countries, saw a 6% growth with quarterly sales at EUR 81.2m. Krka's largest market there, Poland, accounted for EUR 36.5m in sales.
Krka's sales in West Europe rose by 3% to EUR 74m. The largest markets there are Germany, France and Spain.
Region South-East Europe, including Krka's key markets Romania and Croatia, posted a 14% growth with quarterly sales revenue at EUR 44.2m.
Overseas sales were up by 1% to EUR 11m.