The Management Board and the Supervisory Board Adopt the Strategic Business Plan of the Petrol Group for the Period up to 2020
Ljubljana, 16 June 2016 At its 30th meeting held today, the Supervisory Board of Petrol d.d., Ljubljana discussed and approved the Strategic Business Plan of the Petrol Group for the period 2016 2020, which lays the foundations for the Petrol Group's business operations in the next four years. Net sales revenue will reach EUR4.3 billion by 2020, EBITDA is expected to amount to EUR190 million and net profit to EUR97 million, up 40% compared to the 2016 plan. Investments in fixed assets are expected to total EUR350 million in the period 2016 2020, an important basis for the efficient growth, development and business performance of Petrol Group over the long term. Ensuring business growth and increasing the profitability of operations while maintaining the commitment to sustainable development are the main principles underpinning the preparation and implementation of the strategic plan.
Wording is available in the attached file.
Tomaž Kuntarič
President of the Supervisory Board
Tomaž Berločnik
President of the Management Board