Lentex goes for growth

It also plans an EPS twice as big as the zł.2 per share achieved last year if it concludes two of its planned acquisitions. "Last year was designated for tidying up the group, such as outsourcing and selling assets. We have prepared a new development strategy," said Tomasz Towpik, president of Lentex. The value of 2005's acquisitions is estimated at EUR 30-45 (zł.125-186) million, part of which will be covered by debts. However, the company might also issue some new shares in the future, but for now it plans to remit part of its stock in order to boost its value.