Penta with a record €288m profit last year
Investment group Penta posted a €288m net profit in 2018, €50m higher under an annual comparison and an all-time high. Pharmacy chain Dr.Max and Penta Real Estate were the biggest contributors to profitability. Penta RE’s assets rose by 23% to €1.3bn. Dr.Max runs over 2,000 pharmacies in the CEE region and is Europe’s fourth largest pharmacy chain with €2.3bn annual sales. Health insurer Dôvera, betting firm Fortuna, and banks Prima banka and Privatbanka also had a positive impact on the group’s bottom line. The group’s total assets rose 15% to €10.4bn and sales of its companies grew 9% to €7.4bn.