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With the exception of 2020 (for obvious reasons), Atlantic Group is steadily growing its top line. Double-digit inflation and tourism recovery have both contributed to top line increase, primarily in the coffee and beverages segment during the course of this year. On the other hand, input cost inflation outpaced the sales growth and resulted in margin contraction. In absolute terms, the main catalyst comes from the increase in material costs, particularly input costs of raw coffee, followed by the increase of energy costs.
15.12.2022.
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