Romet to close the year with PLN 450 mln in revenues

The Romet Group, a Polish bicycle manufacturer and market leader, expects PLN 450 million in revenues at the end of this year and EBITDA of PLN 54 million net, which is due, among others, to investments undertaken. In the ending year, the company recorded a 35 percent increase in sales compared to 2019, and more than 50 percent increased sales in online channels. At the end of 2022, the Romet Group plans to generate PLN 600 million in revenues.