Locked content Gobarto approves strategy for 2019-2024

Meat producer Gobarto approved a strategy for 2019-2024 aiming to strengthen its position on the red meat market. The company wants, among others, to invest in a slaughterhouse and new fattening farms. Gobarto also expects to gradually increase the sales volume through current assets and possible ac...

Locked content Poczta Polska sees revenue at PLN 8 bln by 2023

Poczta Polska updated its strategy for 2019-2023. The company plans to reach revenue of about PLN 8 billion by 2023. The investments during the five-year period are expected at PLN 1.3 billion. In the coming years, Poczta Polska wants to adapt its logistics network to international shipments, includ...

Locked content PKN Orlen updates strategy for 2019-2022

PKN Orlen updated its strategy for 2019-2022. The company sees an average annual EBITDA LIFO at PLN 10.3 billion and CAPEX at PLN 6.8 billion, PKN Orlen said. It added that the firm expects to continue to systematically pay dividends. PKN Orlen plans to focus on development and increase of petrochem...

Locked content Elektrotim focuses on margin for 2019-2022

Elektrotim’s strategy for 2019-2022 presents an increase in the achieved margin over a significant increase in revenue, CEO Andrzej Diakun notified. He informed that the strategy assumes operating profitability above 7 percent, 15 percent ROE and market valuation of PLN 250 million. On Novembe...

Locked content Pfleiderer Group Q3 net profit jumps to €9.83 mln

Pfleiderer Group had €9.83 million of consolidated net profit in Q3 compared to €0.45 million a year earlier, the company said. Operating profit amounted to €15.24 million versus €11.76 million y/y. Consolidated revenue grew to €266.51 million from €244.88 million y/y. Pfleiderer Group upgraded stra...

Locked content WSE Q3 net profit down at PLN 37.7 mln

The Warsaw Stock Exchange (WSE) recorded PLN 37.7 million of consolidated net profit attributable to shareholders in Q3 compared to PLN 47.0 million y/y, the company said. Operating profit stood at PLN 43.1 million versus PLN 50.0 million in Q3 2017. Revenue grew to PLN 85.7 million from PLN 81.1 mi...

Locked content Apator sees annual EBITDA growth of 13% by 2023

Apator expects an average annual EBITDA growth of 13 percent to about PLN 220 million in 2023, the company said in its strategy for 2019-2023. The revenue is expected to increase by about 8 percent to nearly PLN 1.4 billion in 2023. The company sees capital expenditures at about PLN 380 million in t...

Locked content Kruk plans to finish strategic options review in 2018

Debt collector Kruk expects to complete the review of strategic options by the end of 2018, the company informed. In H1 Kruk invested PLN 407 million in debt portfolios and plans to increase acquisitions in Poland and abroad in the second half of the year. In Q2 Kruk recorded a consolidated net prof...

Locked content Stocznia Gdańsk is interested in government program

The new Stocznia Gdańsk (Gdańsk Shipyard) management will focus in the near future on the finalization of the development strategy and the acquisition of new contracts, said CEO Marcin Stojek. The company is interested in, among others, participation in the government program “Bridges for Regi...

Locked content Braster strategy requires PLN 50 mln funds

Braster reviewed its strategic options and estimated that it needs to obtain PLN 50 million for their realization. The funds should allow international expansion of Braster products for consumer and professional use. Cukierman & Co. Investment House Ltd. will act as an adviser during the entire ...