Business News

Intereuropa Returns to Profit

Koper, 06 March (STA) - Logistics company Intereuropa posted a net profit of EUR 2.2m for 2013, bouncing back from a EUR 13.4m loss in the year before to end in the black for the first time since 2008.

Net sales revenue dipped 15% to EUR 161.1m, but that is still 3% above plans, according to unaudited results released on Thursday.

Earnings before income tax, depreciation and amortisation (EBITDA) rose 8% to EUR 13.8m and operating profit stood at EUR 5.3m compared to a EUR 7.2m loss for 2012.

The figures reflect Croatia's accession to the EU, which resulted in a loss of a significant chunk of customs-related business for the company.

In 2014 the group plans to focus on marketing and acquisition of new deals, optimisation of business processes, and development of an integrated information system.

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