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Atlantic Grupa dd (ZAG:ATGR) Gross Margin % : 38.33% (As of Mar. 2024)


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What is Atlantic Grupa dd Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Atlantic Grupa dd's Gross Profit for the three months ended in Mar. 2024 was €90.7 Mil. Atlantic Grupa dd's Revenue for the three months ended in Mar. 2024 was €236.6 Mil. Therefore, Atlantic Grupa dd's Gross Margin % for the quarter that ended in Mar. 2024 was 38.33%.

Warning Sign:

Atlantic Grupa dd gross margin has been in long-term decline. The average rate of decline per year is -4%.


The historical rank and industry rank for Atlantic Grupa dd's Gross Margin % or its related term are showing as below:

ZAG:ATGR' s Gross Margin % Range Over the Past 10 Years
Min: 36.29   Med: 42.52   Max: 43.43
Current: 36.69


During the past 13 years, the highest Gross Margin % of Atlantic Grupa dd was 43.43%. The lowest was 36.29%. And the median was 42.52%.

ZAG:ATGR's Gross Margin % is ranked better than
72.54% of 1810 companies
in the Consumer Packaged Goods industry
Industry Median: 25.25 vs ZAG:ATGR: 36.69

Atlantic Grupa dd had a gross margin of 38.33% for the quarter that ended in Mar. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Atlantic Grupa dd was -4.00% per year.


Atlantic Grupa dd Gross Margin % Historical Data

The historical data trend for Atlantic Grupa dd's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Atlantic Grupa dd Gross Margin % Chart

Atlantic Grupa dd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.43 43.27 42.57 36.31 36.29

Atlantic Grupa dd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.72 37.25 35.84 35.47 38.33

Competitive Comparison of Atlantic Grupa dd's Gross Margin %

For the Packaged Foods subindustry, Atlantic Grupa dd's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Atlantic Grupa dd's Gross Margin % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Atlantic Grupa dd's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Atlantic Grupa dd's Gross Margin % falls into.



Atlantic Grupa dd Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Atlantic Grupa dd's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=353.5 / 973.914
=(Revenue - Cost of Goods Sold) / Revenue
=(973.914 - 620.46) / 973.914
=36.29 %

Atlantic Grupa dd's Gross Margin for the quarter that ended in Mar. 2024 is calculated as


Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=90.7 / 236.611
=(Revenue - Cost of Goods Sold) / Revenue
=(236.611 - 145.921) / 236.611
=38.33 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Atlantic Grupa dd  (ZAG:ATGR) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Atlantic Grupa dd had a gross margin of 38.33% for the quarter that ended in Mar. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Atlantic Grupa dd Gross Margin % Related Terms

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Atlantic Grupa dd (ZAG:ATGR) Business Description

Traded in Other Exchanges
N/A
Address
Miramarska 23, Zagreb, HRV, 10000
Atlantic Grupa dd is a Croatia based company engaged in the production and distribution of fast moving consumer goods. The company's strategic business unit products include coffee, beverages, Savoury Spreads, Snacks, Pharmacy, and Donat. It generates the majority of the revenue from the sales made in the coffee strategic business unit. The company sells its products in Croatia, and internationally of which the majority of the revenue is generated from sales made in Croatia and Serbia.

Atlantic Grupa dd (ZAG:ATGR) Headlines

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