Layer 9
NDX group records strong growth in 2016
2017-05-04
Layer 2
NDX changed its name
2018-11-28

Higher than market growth in 2017

Layer 2

NDX group recorded a solid performance in 2017: turnover grew by 7.3%, to €129m, EBITDA grew by 61%, to €9.5m. Revenues of NDX group’s core business – most of pet food categories, as well as healthy human food – recorded a double-digit growth.

Board of NDX considers 2017 to be successful: despite the highly competitive markets and sectors holding’s operational companies work in, major changes that were implemented in the biggest group’s companies in 2017, protracted M&A projects, NDX group’s companies managed to record a higher than market organic growth. Looking forward to 2018, NDX management team expects increased growth rates, driven by further investments into production capacity, effectiveness, introduction of new innovative products and acquisitions.