The company had total revenue of RON155 million in January-March 2024, up 6% on the year, and EBITDA of RON18.2 million, up 42% on the year.

In the first three months of 2024, Grup Serban Holding sold 38.152 tons of grain, 15% fewer than in the same period of 2023, and had a production volume of 1,905 tons of bakery and pastry/cofectionery products, up 43% on the year.

Grup Serban Holding has a market value of RON317 million and is 95.8%-owned by Lucian Nicolae Serban. GSH shares have gained 13.6% so far in 2024, amid deals worth RON1.6 million, as per stock market data.