Adris Grupa (ADRS) Q4 2024 earnings summary

Executive summary

• Adris Grupa operates in tourism, healthy food, and insurance, with a focus on investment, management, and development across its subsidiaries.

• FY 2024 saw total revenues of EUR 1.1 billion, up 11% year-over-year, and net profit of EUR 87 million, up 6%.

• EBITDA reached EUR 185 million, an 8% increase, with consolidated net profit from regular operations at EUR 94 million.

• One-off items, including write-offs related to new tourism investments, impacted reported net profit.

• The group invested EUR 201 million in growth, including EUR 87 million in green energy projects.

Financial highlights

• Revenue from sale of goods and services was EUR 1 billion, up 10% year-over-year.

• Consolidated debt is 1.3x EBITDA, indicating low leverage and strong financial stability.

• Basic/diluted EPS for shareholders was EUR 4.22, up from EUR 4.01 in 2023.

• Cash flow from operating activities was EUR 111 million, up from EUR 91 million in 2023.

• Dividends paid totaled EUR 40.7 million during the year.

Outlook and guidance

• The group continues to focus on cost efficiency, business excellence, and digital transformation.

• Ongoing investments in green energy and digitalisation are expected to support future growth.

• The tourism segment aims to further increase the quality and capacity of its offerings.