Protector sees EBITDA at PLN 12 mln in 2018

Protector – manufacturer and distributor of safety, specialized and military footwear – targets EBITDA at PLN 12 million in 2018,  it said in the strategy for 2018-2023.  EBITDA in 2023 is seen at PLN 58.4 million. The company expects revenue to grow from PLN 114 million seen in 2018 to PLN 251 million in 2023. In 2017 EBITDA amounted to about PLN 9.9 million, revenue stood at PLN 112.1 million. In 2017 Protector sold 0.8 million pairs of shoes, while in 2023 it plans to sell 1.7 million pairs in 2023.