ACI dd achieved a record 2023 million euros in operating income in 35,9

The largest chain of marinas in the Mediterranean and the regional leader of the nautical sector, ACI dd, achieved 2023 million euros in operating income in 35,9.

Revenues from sales are 2,9 million euros higher compared to the previous year, or 9%, and amount to 34,6 million euros. The biggest growth was recorded in the annual connection service, in the amount of 2,1 million euros. In the previous year, a positive gross financial result in the amount of EUR 3,8 million and EBITDA in the amount of EUR 12,7 million was achieved.

"In 2023, ACI maintained stability in business, but with continuous engagement in further development, primarily business diversification. Growth of total revenues  of EUR 3,2 million is the expected result of a slight increase in physical indicators, but also proof that we have successfully responded to the competition and the general market situation with our commercial conditions. ACI marinas Split and Dubrovnik have the largest share in the realized revenues, which achieved a 0,6 million euro increase compared to last year. In the end, the gross profit of 3,8 million euros and the realized EBITDA in the amount of 12,7 million euros are the wind at the back for new strides in the future..", he pointed out Kristijan Pavić, President of the Management Board of ACI dd

The 40th anniversary of successful business and four decades of nautical excellence of the company ACI dd were marked  with an increase in operating income to EUR 35,9 million, and an expected growth of 9% compared to the previous year was recorded. At the same time, the net profit of the company was realized in the value of slightly more than 3 million euros. In accordance with the plans and set goals, sales revenues increased by 2,9 million euros and amounted to 34,6 million euros.

In 2023, an increase in sales revenue was achieved in all marinas

All marinas within the ACI system achieved growth in 2023, while individual growth of more than EUR 0,2 million was recorded in six marinas. 

The marinas that recorded an increase in sales revenue of more than EUR 0,2 million were Dubrovnik, Rovinj, Cres, Skradin, Trogir and Umag, whose growth accounted for 60% of the total realized sales revenue. During the past year, a total of 2,8 million euros was invested in the system, and the mentioned investments mostly refer to the improvement of the ACI marinas in Palmižana, Rab, Žut, Vodice and Pula.

"The year 2023 will remain recorded as the year in which ACI celebrated its anniversary, but was also intensively engaged in activities aimed at extending the duration of valid concession contracts. The above has been seen for many years as a key risk to further development and, in particular, to further investments. This is precisely why the Company is continuously looking for its strategic opportunities beyond the boundaries of existing concessions, while working to extend them. Considering the coordination of staff costs, which the Company sees as a long-term investment in personnel, and the realized business results are expected and we see them as a good foundation for further development", reflected on the annual results Ph.D. Ivan Herak, member of the ACI dd Management Board for finance, corporate law and human resources.

Considering the successful business results and the company's policy, ACI continuously implements the practice of socially responsible business and environmental protection and pays special attention to the local community, according to ACI.

During 2023, several sea and coastal clean-up actions were held, namely in the ACI marinas of Palmižana, Šimuni and Supetarska Draga, where the wider concession area was relieved of a significant amount of waste. The same actions and efforts towards sustainability and green transition will continue this year as well.

Along with business advances and investment in the preservation and development of nautical infrastructure, the company's focus remains on obtaining a construction permit and the start of the first phase in the construction of ACI Marina Rijeka, which is expected in early 2024. Planned further investments in nautical infrastructure and ACI's service offer in 2024 amount to 12,5 million euros.

"In 2023, ACI invested 2,8 million euros, where the investments in ACI marinas Palmižana, Rab, Žut, Vodice and Pula stand out. When we talk about investments, our focus is certainly on the construction of the future ACI Marina Rijeka, for which a building permit should be issued soon. After that, the plan is to start building a marina that will change not only the nautical map of Croatia and the Mediterranean, but also improve the daily life of the inhabitants of the entire Rijeka region. The business year was spent marking the 40th anniversary of the foundation of ACI. Throughout the year, we celebrated the big jubilee at various locations, and the celebrations will continue throughout 2024, until the next ACI Day on July 1. In the jubilee year, ACI confirmed that it is a socially responsible company, primarily by awarding sponsorships and donations. A total of EUR 0,7 million was invested in various projects of interest to local communities, as well as wider communities", he concluded Josip Ostrogović, member of the Management Board of ACI dd for investments, marketing and retail.

Photo: ACI marina Dubrovnik / Adria / Source: ACI