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  • 11/30/2018

    Zreče, 30 November (STA) - Unior, the Zreče-based manufacturer of forged metals and tools, generated EUR 183.8m in net sales revenue in the first three quarters of the year, slightly up year-on-year, but net profit fell by 25% to EUR 10.1m.

    The group's bottom line was affected by the sale earlier this year of the ski lifts operator RTC Krvavec, the company said in the regulatory filing on the Ljubljana Stock Exchange.

    RTC Krvavec contributed EUR 3.7m to the group revenue posted in the first three quarters of last year; the sale reduced the group profit by EUR 0.5m.

    The results were also affected by higher costs of steel supplies, including in Unior's forges in China and Croatia, as well as lower sales in the machine construction division.

    The group, which employs 3,142 people, invested EUR 15.2m in buildings and equipment and reduced its debt owed to banks by EUR 8.2m.

    With a headcount of 1,819, the core company generated a net profit of EUR 6.2m, down by EUR 762,000 from the first three quarters of last year.

    Revenue rose by 2.2% year-on-year to EUR 128.1m. As much as 70% was generated by the forgings division, which supplies the car industry almost exclusively, and which saw a 14% growth.


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