04/29/2019
Celje, 29 April (STA) - Cetis, one of the top printing companies in Europe specialising in secure documents, posted a group net profit of EUR 2.4m, down 67.6% over the year before. The group's revenue dropped by 2.2% to EUR 59.7m, according to the company's business report.
The core company generated EUR 33.4m in revenue, up 2.3% over 2017. Net profit was 28.5% lower, dropping to EUR 2.02m.
The group generated 54% of its revenue abroad, of which 27% was generated in Africa.
The group's seven subsidiaries employed nearly 600 workers at the end of 2018, some 10 more than a year earlier.