Petrol Group

Report Publication Announcement • Feb 1, 2021

Category: Inside information

Published on: SEOnet

Published at:  29.01.2021 08:15

Published document ID: INI-44/21

INI-40/21

PETROL d.d., Ljubljana

Petrol Adopts an Ambitious Strategy of the Petrol Group for the Period 2021 – 2025

The information contained in this announcement will remain posted on the website of Petrol d.d., Ljubljana (www.petrol.si) at least 5 years from the date it is published.

Ljubljana, 28 January 2021 – At its 1st meeting held today, the Supervisory Board of Petrol d.d., Ljubljana discussed and approved the Strategy of the Petrol Group for the period 2021 – 2025.

The Petrol Group's 2021 – 2025 strategy lays the foundations for the Group's business operations in the next four years. In 2025, EBITDA is expected to total EUR 336 million, with net profit amounting to EUR 180 million. Investments are expected to amount to EUR 698 million in the period 2021 – 2025, this being an important prerequisite for effective long-term growth, development, and performance of the Petrol Group. Ensuring business growth and increasing the profitability of operations while maintaining the commitment to sustainable development are the main principles underpinning the preparation and implementation of the strategic plan.

Wording is available in the attached file.

Sašo Berger

President of the Supervisory Board

Nada Drobne Popović

President of the Management Board

Date: 01.02.2021