Adris Group achieved double-digit growth in all key business indicators

first_imgIn the first nine months of this year, the total revenues of the Adris Group amounted to HRK 4,7 billion, which is 12 percent more than the revenues generated in the same period last year. Revenues from the sale of goods and services amount to 4,1 billion kuna and are 20 percent higher than last year. Net profit amounts to HRK 752 million, which is a growth of 20 percent.Compared to the same period last year, Maistra achieved four percent more overnight stays, with an increase in the average price of overnight stays of three percent, which led to an increase in operating revenues of 10 percent. EBITDA (profit before depreciation, interest and taxes) amounts to HRK 540 million and is 10 percent higher than last year. EBIT (profit before interest and taxes) recorded a growth of nine percent and amounted to HRK 407 million. The realized net profit of HRK 359 million represents an increase of 12 percent compared to the first nine months of last year. Current booking confirms the current positive revenue growth trends. The completion of the Park Hotel, a key product in the process of completing the top hotel offer in Rovinj, is underway.”Adris is operating successfully. Our businesses are growing and sustainable in the long run. We do not reduce ambitions, we invest. In the past eight years, we have invested seven billion kuna, increased competitiveness, exported. We are extremely focused on organic growth and business excellence, ready for new acquisitions as well“Said the President of the Management Board of the Adris Group, M.Sc. Ante Vlahović.The process of business integration of the company HUP into the tourist part of the Group is in progressPhoto: MaistraThis year’s acquisition of the Adris Group, HUP Zagreb, is a company that significantly contributes to the strengthening of the tourism part of the Group and which also achieves the growth of all key business indicators. These indicators, in addition to Zagreb hotels, also include the operations of Dubrovnik hotels within the Hotels Dubrovnik Riviera branch.Compared to the same period last year, HUP realized nine percent more overnight stays, with an increase in the average price of overnight stays of five percent. Operating revenues are higher by 13 percent, and EBITDA is 145 million kuna and 14 percent higher than last year. EBIT recorded a growth of 24 percent and amounted to HRK 113 million. The realized net profit in the amount of HRK 96 million is 25 percent higher.The process of business integration of the company HUP into the tourist part of the Group is in progress. The aim of the project is to establish a unique model of tourism management in order to continue long-term sustainable growth. Today, the tourist part of the Adris Group has 83 percent of hotel capacity at the level of four and five stars. In addition to a quality portfolio and operational excellence, the foundation of sustainability is positioning in three growing and internationally recognized destinations – Rovinj, Dubrovnik and Zagreb.Related news:ADRIS GROUP ANNUAL REPORT EXCEEDED AGAIN WITH CREATIVE SOLUTION – TESTED FOR CHALLENGESlast_img read more

AFCAT 2016: Set wise answer key to be released at careerairforce.nic.in

first_imgThe set wise answer keys of Air Force Common Admission Test (AFCAT) 2016 will be shortly released. All those candidates who had appeared for the exam, may check out the same at the official website: www.careerairforce.nic.in  . The exam was conducted on August 28.The exam had 100 questions and was held for a duration of two hours.Marking schemeThree marks will be awarded to the candidates for every correct answerFor every wrong answer, one mark will be deducted(Read: AIMA MAT September 2016: Admit cards released at aima.in) The candidates will be called for further testing at one of the Air Board Selection Boards (AFSBs) in Dehradun, Mysore, Gandhinagar, Varanasi or Kacharapara, after clearing the exam.The exam included questions from the following sections:General Awareness: History, Sports, Geography, Environment, Civics, Basic Science, Defence, Art, Culture, Current Affairs, Politics etcVerbal Ability in English: Comprehension, Error Detection, Sentence Completion, Synonyms, Antonyms and Testing of VocabularyNumerical Ability: Decimal Fraction, Simplification, Average, Profit and loss, Percentage, Ratio and Proportion, and Simple interestReasoning and Military Aptitude Test: Verbal Skills and Spatial AbilityAFCAT is conducted for both men and women for granting Short Service Commission (SSC ) degree in flying branch and permanent/short service commission in technical and ground duty branches for the session commencing in July 2017.About Indian Air Force:It is the fourth largest air force in the world, with a highly technical and specialised fighting force, that safeguards our skies against enemy invasions.Read: WBJEE Exam 2016 results declared at wbjee.nic.in advertisementRead: JKSSB Junior Assistant Typing Test 2016: Admit cards available at jkssb.nic.in For information on upcoming exams and results, click here.last_img read more