Business News


Petrol Projects 2012 Profit Up 2%

Ljubljana, 14 December (STA) - Energy group Petrol said Friday it expected net profits excluding impairments to reach EUR 53.3m this year, up 2% over last year, on sales revenue that is projected to jump 13% to EUR 3.7bn.

Pre-tax profit (EBITDA) is projected at EUR 124.8m, an increase of 8% over last year, the company said after the projections were presented to the supervisory board.

Next year Petrol plans to increase revenue by 9% over the 2012 estimate to EUR 4.04bn. EBITDA is to rise 7% to EUR 133.6m and net profit by 9% to EUR 58.2m.

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