On the basis of the Rules of Ljubljana Stock Exchange and the Financial Instruments Market Act RS, Luka Koper d.d. publishes the Non-audited Report on the Performance of Luka Koper d.d. and Luka Koper Group in January – March 2023.

The Luka Koper Group operating results for the first quarter 2023 were good. The financial indicators were on the same level or near the level registered in the same period last year. Net sales revenue of EUR 80.1 million was 10% higher than planned and up 13% compared to the same period last year. The increase was due to higher container stuffing and stripping revenues and, to the largest extent, higher storage revenues, as a result of higher prices for services in the first quarter of 2023 compared to the same period of the previous year. In the first quarter of 2023, EBIT amounted to EUR 19.6 million, a decrease of 1% compared to the same period last year. With the higher net sales revenue, the higher growth in operating expenses, had a minimal impact on the EBIT achieved. The net profit of EUR 16.5 million was on a par with the level achieved in the first quarter of 2022. Both strategic commodity groups of containers (TEUs) and cars (units) achieved higher throughput compared to the previous year whereas the total maritime throughput was still slightly below the planned volumes and below the throughput level achieved in the first quarter of 2022. In March 2023, a new monthly container throughput record of 105,744 TEUs and a new monthly car throughput record of 87,533 vehicles were registered. The main contributors to the lower throughput of general cargoes were the reduced throughput of steel products due to the changed dynamics of EU deliveries, and rubber, where the trend towards containerisation of this cargo type is growing. In the sphere of maritime throughput of timber, there was a decrease in timber exports, but an increasing trend towards containerisation of this commodity was perceived, which is reflected in an increase in additional container stuffing services. In the dry bulk segment, lower maritime throughput was recorded, mainly due to lower volumes of soya beans, aluminium oxide, phosphates and iron ore. In the sphere of investments, the Company is continuing its activities in the Container and Car Terminal areas, which represent a new development cycle for these key strategic commodity groups. In the period under review, capital expenditure reached EUR 8 million, or 29% more than last year.