24
042015

The Supervisory Board adopted the audited consolidated annual report of the Žito Group and Žito d.d. for 2014

The members of the Supervisory Board of Žito, adopted the audited annual report of the Žito Group and the company Žito d.d. for the year 2014 at its session today.

In accordance with the Rules of the Ljubljana Stock Exchange, Ljubljana and the relevant legislation, the company Žito d.d., Ljubljana hereby announces the following:

The company Žito d.d., Ljubljana publishes the annual report of the Žito Group and and the company Žito d.d. for the year 2014.

According to the audited consolidated annual report for 2014, the Žito Group generated € 113.7 million in net sales revenues, € 3.7 million in operating profit and € 3.0 million net profit in the last year. Net sales revenues compared to 2013 increased by 2.6%, operating profit increased by 18.0% and net profit by 37.3%.

Key performance indicators compared with 2013 improved, including the return of income, capital and assets, EBIT and EBITDA and added value per employee.

The Management Board informed the Supervisory Board that it received a notice from the consortium of sellers through SDH on 4/21/2014 (Modra zavarovalnica, d. d., KD Kapital, d. o. o., KD Skladi, d. o. o., Adriatic Slovenica, d. d. and NLB Skladi, d. o. o.) on the conclusion of a contract of sale of 51.55% shares of the company Žito d.d. with the buyer, the company Podravka d.d.

The annual report of the company Žito d.d. and the Žito Group can be found at this link: Annual Report 2014

Žito d.d.
Management Board

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