The Unior management attributed the decline in profit to poorer results of associated companies.
Earnings before interest, tax, depreciation and amortisation (EBITDA) reached EUR 24.9 million, which was 7.5% more than in the first three quarters of last year. Earnings before tax (EBIT) was 17% higher, at EUR 12.5 million.
The group spent EUR 11.3 million on investments between January and September and at the end of the period it employed just over 3,000 people, 4.5% fewer than in the same period last year due to a decrease in forge workers in Croatia and China.
The core company, which is marking its centenary this year, generated EUR 132.9 million in net revenue, which was 3.8% more than in the first nine months of last year. Its profit dropped by 18.9% to EUR 5 million.