Podravka Group achieves revenue growth in first half of 2026 amid uncertainty

The Podravka Group has announced a successful first half of 2026, achieving revenue growth across all its business segments – Food, Pharmaceuticals, and Agriculture – while maintaining profitability. This performance was realized despite a backdrop of heightened macroeconomic uncertainty.

During the January to June period, the group's business revenues amounted to 520.7 million euros, marking an increase of 8.7 million euros compared to the first six months of the previous year. Normalized EBITDA stood at 89.6 million euros, and normalized net profit was 41.1 million euros, indicating profitability levels comparable to the prior year.

Martina Dalić, President of Podravka's Management Board, highlighted the strength of the company's business model. "Despite increased environmental uncertainty and rising energy prices, we continue to grow revenues and invest in long-term competitiveness," she stated. Dalić expressed particular satisfaction with the strengthening of the food and pharmaceutical segments, alongside ongoing development projects in agriculture.

The Food segment saw sales revenue of 298.9 million euros, a 1.1% increase year-on-year, driven by the growth of own brands in Croatia and across Europe. The Pharmaceuticals segment (Belupo) reported revenues of 94 million euros, a 7.1% increase, supported by higher income across all product categories. The Agriculture segment generated 131.8 million euros in business revenue, a slight increase of 0.5% despite pressures from falling pig prices and lower milk prices. Podravka mitigated these agricultural market challenges through process improvements and efficiency investments.

Podravka continues to invest in modernizing production facilities, developing brands, and expanding its international market presence. Key projects include strengthening Lino Lada's position in German retail, developing new vineyards for Vina Belje, expanding potato production, and continuing investment projects within Croatia.

“

The first six months of 2026 once again confirmed the strength of our business model. Despite increased environmental uncertainty and rising energy prices, we continue to grow revenues and invest in long-term competitiveness.