Franck Group realizes growth by 8% – Return of famous coffee brand to Serbian market contributing to good results

Source: eKapija Friday, 11.08.2017. 12:28
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Croatia’s Franck Group has reported that it realized a growth by 8% in the first half of the current year, compared to the corresponding period of 2016, despite a drop in sales through Agrokor channels, as well as that it further increased the sale and market shares in the most important product categories, both in Croatia and in the biggest exporting markets.

According to the latest Nielsen data, the company managed to further increase the sales of ground coffee, tea and instant cappuccino, thanks to its Franck Cappuccino and Gloria brands, in the second quarter in Croatia.

The company also realized a growth in the exporting markets. Along with the markets of Serbia and Montenegro, where Franck returned in early 2017, they further strengthened their presence in Albania and Macedonia, where the company is one of the leaders in the HoReCa channel.


– The growth by 8% in the first half of 2017 places us among the fastest growing big companies. We had record sales results in the most important markets, and the trend of a two-digit growth in exports from 2016 continues in the current year – said Ivan Artukovic, board member at Franck, the press release says.

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