Brief: Grupa Kety Announces Group's Strategy For 2021-2025

Grupa Kety

16/12/2020 15:49

Dec 16 (Reuters) - Grupa Kety SA  KTY.WA :
    * ANNOUNCES GROUP'S STRATEGY FOR 2021-2025
    * UNDER STRATEGY TO INCREASE REVENUE BEYOND DEVELOPMENT OF
MARKETS
ON WHICH GROUP OPERATES
    * UNDER STRATEGY TO AIM FOR HIGH OPERATIONAL PROFITABILITY
    * UNDER STRATEGY TO CARRY OUT DEVELOPMENT INVESTMENTS
    * UNDER STRATEGY TO AIM FOR ENVIRONMENTAL AND SOCIAL
RESPONSIBILITY
    * UNDER STRATEGY SEES NET PROFIT OF 470 MILLION ZLOTYS IN
2025
    * UNDER STRATEGY SEES EBITDA OF 787 MILLION ZLOTYS IN 2025
    * UNDER STRATEGY SEES REVENUE OF 4.64 BILLION ZLOTYS IN 2025
    * SEES CAPEX OF 1.06 BILLION ZLOTYS DURING PERIOD COVERED BY
STRATEGY
    * PLANNED NET DEBT AT END OF 2025 ESTIMATED AT 640 MILLION
ZLOTYS
    * STRATEGY ASSUMES ALLOCATING 85% OF CONSOLIDATED NET PROFIT
TO
DIVIDEND PAYMENT
    * STRATEGY  ASSUMES CAPEX OF 284 MILLION ZLOTYS IN 2021
    * STRATEGY ASSUMES NET DEBT AT END OF 2021 AT 780 MILLION
ZLOTYS
    * SAFE FINANCIAL INDICATORS AND EXPECTED HIGH OPERATING CASH
FLOW
AS ENABLING POTENTIAL ACQUISITIONS IN ALUMINUM PRODUCT AND
SYSTEM SECTOR

Source text for Eikon:  ID:nEM4N5gl0a 
Further company coverage:  KTY.WA 

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