Supervisory Board approved Petrol Group's and Petrol d.d., Ljubljana's Annual report 2013
Ljubljana, 13th March, 2014 - At its 6th meeting held on 13th March, 2014, the Supervisory Board of Petrol d.d., Ljubljana discussed and approved the audited Petrol Groups and Petrol d.d., Ljubljanas Annual Report for 2013. The Petrol Groups performance was estimated as successful.
In 2013, the Petrol Group generated net sales revenues of EUR 3.9 billion, which represents an increase of 5% on 2012. Gross profit amounted to EUR 337.6 million, up 3% from the previous year. Operating profit totalled EUR 93.8 million in 2013, up 10% from 2012. Net profit was EUR 52.8 million, down 2% from 2012.
In 2013, Petrol d.d., Ljubljana generated net sales revenues of EUR 3.2 billion, which represents an increase of 1% on 2012. Gross profit amounted to EUR 249.9 million, up 5% from the previous year. Operating profit totalled EUR 77.9 million in 2013, up 16% from 2012. Net profit was EUR 30.2 million, down 12% from 2012.
In 2013, the Petrol Group sold 2.8 million tonnes of oil products, 9% more than in 2012. Revenues from sales of merchandise amounted to EUR 474.8 million, 1% more than in 2012. At the end of 2013, the Petrol Group operated 476 service stations, of which 319 in Slovenia, 97 in Croatia, 37 in Bosnia and Herzegovina, 8 in Serbia, 8 in Montenegro and 7 in Kosovo. In 2013, the Petrol Group sold 121.8 million m3 of natural gas, 68.5 thousand tonnes of liquefied petroleum gas, 4.9 TWh of electricity and 67.9 thousand MWh of heat.
The Supervisory Board was also informed of the companys business goals and projections until 2018, defined in the Petrol Groups adopted strategy and based on the current market conditions. The Petrol Group will carry out its mission through its core business activities: oil trading on the domestic, SE European and EU markets, energy activities including the sale and distribution of natural gas, liquefied petroleum gas, heat and electricity, and energy and environmental solutions. The Group will be active on the markets of Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro and Kosovo.
Main goals of the Petrol Group for 2018:
sales revenues: EUR 4.4 billion EBITDA: EUR 174m net profit: EUR 93m investments in fixed assets 2014 2018: EUR 308m number of retail service stations: 526 oil products sold: 3m tonnes revenues from sales of merchandise: EUR 556m natural gas sold: 149m m3 liquefied petroleum gas sold: 102 thousand tonnes electricity sold: 9.5 TWh heat sold: 159 thousand MWh.Tomaž Kuntarič
President of the Supervisory Board
Tomaž Berločnik
Chairman of the Management Board