Brief: Apator Updates Its Strategy Till 2025

Apator SA

12/10/2022 07:45

Oct 12 (Reuters) - Apator SA  APTP.WA :
    * SAID ON TUESDAY, IT HAS UPDATED ITS BUSINESS STRATEGY
UNTIL 2025
    * THE COMPANY PLANS TO ACHIEVE 1.4 BLN ZLOTYS OF SALES
REVENUE IN
2025
    * ALSO PLANS TO ACHIEVE ABOUT 200 MLN ZLOTYS OF EBITDA IN
2025
    * COMPANY TO KEEP ITS CAPEX AT CURRENT RATIO TO ANNUAL
REVENUE AT
BETWEEN 5% AND 7%
    * THE COMPANY ALSO DETERMINED THE TARGET FOR NET DEBT TO
EBITDA
RATIO AT LOWER THAN 2X, WITH EXEMPTION OF THE NEXT THREE TO FOUR
QUARTERS, IN WHICH THE SAID RATIO MAY TEMPORARILY STAY HIGHER
    * THE COMPANY ALSO IDENTIFIED SEVERAL STRATEGIC
OPPORTUNITIES FOR
BUSINESS GROWTH
    * AMONG THEM IS CONTINUATION OF DEVELOPMENT OF METERING
TECHNOLOGIES AND GROWTH OF NEW GREEN PORTFOLIO FOCUSED ON
ELECTROMOBILITY, RENEWABLE ENERGY SOURCES AND DISPERSED ENERGY
    * THE COMPANY TO ALSO FOCUS ON NEW AREAS OF ACTIVITY IN GAS
SEGMENT AND GROWTH OF OFFERING OF MANAGEMENT OF USAGE AND SAVING
OF WATER RESOURCES

        
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 Further company coverage:  APTP.WA  
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