Krka released the 2022 unaudited financial statements of the Krka Group and the controlling company Krka, d. d., Novo mesto today. The report was published on the Ljubljana Stock Exchange website after being discussed by the company’s Supervisory Board at their meeting yesterday. The Krka Group revenue in 2022 totalled €1,717.5 million, up 10% on 2021, the highest since incorporation. The Krka Group’s unaudited net profit was €363.7 million, an increase by €55.5 million year-over-year, or 18%, i.e. also the highest so far. The 2022 Annual Report is being released on Thursday, 13 April 2023.
The President of the Management Board and Chief Executive Jože Colarič explained: “As reported in January, Krka Group operations in 2022 were successful and in line with expectations. The actual full-year sales value remains as reported in the 2022 unaudited performance estimate, while operating profit and net profit have exceeded our estimates by €0.9 million and by €2.5 million, respectively. Last year’s performance testifies to the fact that we are responsive and well-prepared to adapt instantly to new opportunities and challenges arising from changed circumstances, and this is owing to our resilient vertically integrated business model. We will continue to pursue this model also in the future.”
|– Of that revenue from contracts with customers (products and services)||1,708,542||1,560,288||110||1,356,075||1,211,494||112|
|Earnings before interest, tax, depreciation and amortisation (EBITDA)||488,895||463,625||105||440,086||358,188||123|
|Operating profit (EBIT)||381,211||354,788||107||357,870||273,325||131|
|Profit before tax (EBT)||433,073||362,417||119||412,258||285,956||144|
|Gross profit margin||56.7%||56.9%||57.3%||55.5%|
|Net profit margin (ROS)||21.2%||19.7%||22.4%||17.8%|
|Return on equity (ROE)||17.9%||16.8 %||17.7%||13.4%|
|Return on assets (ROA)||13.9%||12.9%||14.1%||10.6%|
* The 2022 data are unaudited.
Krka Group Sales
Sales growth was recorded in all sales regions and most sales markets, for all product groups and services.
Product and Service Sales by Region
In 2022, the Krka Group generated €1,708.5 million of revenue from contracts with customers on the sales of products and services, an increase by €148.3 million or 10% compared to the 2021 results.
Region Slovenia,6.0 Region South-East Europe,13.1 Region East Europe,36.5 Region Central Europe,21.3 Region West Europe,19.2 Region Overseas Markets,3.9