Končar Posts €230.6M Net Profit, Order Book at €3.3B
Published 1 d ago2 sourcesEvidence: Reported
Croatian electrical equipment maker Končar D&ST reported a 20.3% year-on-year rise in nine-month consolidated revenue to €447.2 million, with a record backlog of €1.1 billion. The backlog signals sustained demand for its products, likely in power infrastructure and rail systems, but the company's profitability and order conversion remain unquantified. This is a positive company-specific signal, not a macro-directional market move.
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