Brief: Aplisens Adopts Business Strategy For 2020-2022

Aplisens SA

20/03/2020 07:53

March 20 (Reuters) - Aplisens SA  APN.WA :
    * SAID ON THURSDAY THAT IT HAS ADOPTED ITS BUSINESS STRATEGY
FOR
2020-2022
    * UNDER NEW STRATEGY GROUP AIMS TO REALIZE ITS FINANCIAL AND
MARKET GOALS IN STABILIZATION OF SITUATION RELATED TO
CORONAVIRUS OUTBREAK 
    * CORONAVIRUS OUTBREAK MAY HAVE IMPACT ON GROUP'S TURNOVER
IN 2020
AND MAIN RISK FOR STRATEGY EXECUTION IS GLOBAL ECONOMIC CRISIS
DUE TO THE PANDEMIC
    * UNDER STRATEGY GROUP AIMS AT FURTHER DEVELOPMENT OF ITS
OPERATIONS ON INDIVIDUAL MARKETS AND EFFECTIVE USE OF ITS
EXISTING PRODUCTION POTENTIAL
    * GROUP ALSO AIMS AT EXPANSION OF PRODUCTS AND SERVICES
RANGE VIA
POSSIBLE ACQUISITIONS OF ENTITIES FROM THE INDUSTRY AND FURTHER
PROCESSES' AUTOMATION TO REDUCE MANUFACTURING COSTS
    * UNDER STRATEGY GROUP SEES REVENUE GROWTH UP TO ABOUT 142.5
MILLION ZLOTYS AND EBITDA Growth UP TO ABOUT 32 MILLION ZLOTYS
IN 2022
    * GROUP INTENDS TO REACH AN ANNUAL GROWTH RATE OF 1%, 8% AND
10%
IN THE SUBSEQUENT YEARS AND TO INCREASE ITS RETURN ON EQUITY
(ROE)      
    * UNDER STRATEGY, MANAGEMENT ASSUMES THE IMPLEMENTATION OF
THE
DIVIDEND POLICY AT LEVEL NOT LOWER THAN 25% OF GROUP'S ACHIEVED
NET PROFITS AND DOES NOT EXCLUDE FURTHER SHARE BUYBACKS 
    * AS PART OF THE ADOPTED INVESTMENT POLICY, MANAGEMENT PLANS
TO
ALLOCATE 24 MILLION ZLOTYS TO INVESTMENTS VERSUS 38 MILLION
ZLOTYS OF COMPLETED INVESTMENTS UNDER THE PREVIOUS STRATEGY 
    * SIGNIFICANT DROP IN INVESTMENTS RESULTS FROM SATISFYING
THE
PRODUCTION POTENTIAL FOR THE UPCOMING YEARS    

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM7HPYfxa
    
 Further company coverage:  APN.WA  
   


 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10))