industrial sector

Metalac Raises First-Half Profit 18% as Financial Strength Supports Growth

Serbian industrial group Metalac increased its net profit by around 18% in the first half of 2026, supported by a diversified business structure, strong liquidity and limited reliance on external financing during a period of weaker European industrial activity. The Gornji Milanovac-based company recorded RSD406mn in net profit, compared with RSD343mn in the same period of 2025. Earnings per share increased to RSD199, up from RSD168 at the end of the previous year, while retained earnings reached approximately RSD1.7bn. The…