Stalprofil sets its sights on becoming a leader in regional steel trade

Company representatives claim that 2004 global consumption of steel might grow by 6.2%, and by 4.5% in 2005. In November, Stalprofil will purchase a warehouse in Katowice and thus boost its capacity to 100,000 tones of steel products. "However, we will have to establish a network of smaller warehouses," said Stalprofil president Jerzy Bernhard. The company claims it will have no problems with posting a net profit of zł.40.6 million on revenues of zł.707.7 million. Over the coming years the firm is planning to keep its margin at least 5%, ROA at around 20%, with 10-20% of profits being designated for dividends. (Puls Biznesu, p. 11) M.M.