Brief: OT Logistics Approves Mid-Term Stablisation And Development Strategy For 2020-2023

OT Logistics SA

30/07/2020 15:55

July 30 (Reuters) - OT Logistics SA  OTSL.WA :
    * SAYS SUPERVISORY BOARD APPROVES MID-TERM STABLISATION AND
DEVELOPMENT STRATEGY FOR GROUP FOR 2020-2023
    * KEY GOAL UNDER STRATEGY TO FOCUS ON ORGANIC GROWTH BASED
ON OWN
PORT ASSETS
    * SAYS UNDER STRATEGY ORGANIC GROWTH TO TAKE PLACE VIA
CARRYING
OUT NEW PROJECTS WITHIN COMPLEMENTARY SERVICES AND VIA TAKEOVERS
OF SMALLER ENTITIES
    * OVER 2021-2023 PLANS TO REACH REVENUE OF 300-350 MILLION
ZLOTYS
ANNUALLY AND EBITDA OF 45-50 MILLION ZLOTYS
    * PLANS TO REACH ABILITY TO PAY STABLE, MIN. 5% YIELD

Source text for Eikon:  ID:nEM2x1vpqa 
Further company coverage:  OTSL.WA 

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