The Management and Supervisory Boards of the Croatian oil transportation company JANAF have proposed a dividend payment of 28.81 euros per share to its shareholders. This follows a highly profitable year for the company, surpassing the business goals set by its management. As a result, shareholders are set to receive a substantial dividend as a reward for their continued trust.
Despite this generous payout, JANAF remains focused on growth, with significant expansion and development plans in progress. One of the key projects is increasing the storage capacity for crude oil and petroleum products at the Omisalj terminal, where demand from partners remains exceptionally strong.
Additionally, JANAF is diversifying its business by investing in renewable energy. The company is also gaining recognition for its commitment to community engagement, employee relations, digital transformation, and modernization efforts. These initiatives have established JANAF as a leader in corporate governance among state-owned enterprises.
In 2024, JANAF reported total revenues exceeding 136 million euros, with a gross profit of 59 million euros. The consolidated net profit from operations reached over 48 million euros, resulting in a profit margin of 35.53%. The company’s core activities—oil transportation and the storage of oil and petroleum products—continue to be its main revenue sources, generating nearly 125 million euros. Notably, 70% of this revenue came from international clients, making a significant contribution to Croatia’s export balance.
