Croatian auto plastics manufacturer AD Plastik said consolidated net profit fell 8.2% year on year in the first quarter of 2021, to HRK25.84m (US$4.1m/EUR3.4m).

The company’s operating income dropped 9.8% year on year to HRK327.21m in the first quarter, while earnings before interest, taxes, depreciation and amortisation (EBITDA) decreased 16.6% to HRK52.32m, AD Plastik said in a filing with the Zagreb Stock Exchange cited by SeeNews.com.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

HRK239m of the operating income was generated in the EU and Serbia, down 16.5%, the report noted. For Russia, AD Plastik booked HRK88.2m in operating income in the first quarter, up 15.5%.

Earlier this month, AD Plastik said it had secured new deals worth EUR23.7m (US$28.2m).

The supplier inked a deal with AvtoVAZ worth EUR10.4m with an estimated duration of eight years.

Deals worth EUR 6.2m have also been sealed for this market with Nissan and the VW Group, with an estimated project duration of six and four years, respectively.

For the European market, deals have been agreed with the PSA Group for several unnamed vehicles for a total of EUR 7.1m.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact