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Saturday, November 23, 2024

Petrol group expects to nearly double its 2019 profit by 2025

By: J.S., STA

The supervisors of energy company Petrol approved the group’s strategy for 2021-2025.

By the end of the period the group expects earning before interest, tax, depreciation and amortisation (EBITDA) to stand at EUR 336 million, and net profit at EUR 180 million. The group plans to invest EUR 698 million by 2025, with more than 35% of the funds intended for energy transition.

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