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Croatia's Fortenova Group Sees Retail & Wholesale, Food Sales Down In H1

Published on Aug 31 2020 8:58 AM in Retail tagged: Featured Post / Croatia / Konzum / Paywall / Fortenova Group / World News

Croatia's Fortenova Group Sees Retail & Wholesale, Food Sales Down In H1

Croatian business conglomerate Fortenova Group said that net sales revenues in its Retail & Wholesale division fell by 3.9% in the first half of the year, while its Food arm saw a 8.3% decrease in sales.

However, EBITDA in its retail arm, which includes the Konzum chain, grew by HRK 37 million (€4.92 million), the group said, booted by a strong start to the year and the introduction of measures taken to adjust its operations due to COVID-19.

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