Slovenia's Petrol reports 15% rise in 2019 net profit (updated)

Petrol dd Ljubljana

13/03/2020 07:54

(Updates with quote, detail)
    LJUBLJANA, March 13 (Reuters) - Petrol  PETG.LJ  saw group
net profit rise 15% to 105.2 million euros ($117.71 million) in
2019 on higher sales, Slovenia's largest fuel retailer said on
Friday.
    Sales rose 1% to 4.4 billion euros, the company said in a
report. "
    In 2019 the group performed very well, exceeding the set
targets," it said.
    "There have been no disruptions to our operations (due to
coronavirus) so far, but Petrol has an action plan in place to
ensure energy product supply should the situation deteriorate,"
it said.
    Slovenia has confirmed 96 cases of coronavirus and has
limited border crossings with Italy where it is also performing
health checks. 
    Petrol confirmed its December forecast for a net profit of
109.8 million euros this year and rising to 116 million in 2022
on sales of 5.3 billion.
    Petrol operates 509 filling stations in Slovenia, Croatia,
Bosnia, Serbia, Montenegro and Kosovo.
    ($1 = 0.8937 euros)

 (Reporting by Marja Novak; editing by Jan Harvey and Jason
Neely)
 ((Marja.Novak@thomsonreuters.com; +386-1-5058805, Reuters
Messaging: marja.novak.thomsonreuters.com@reuters.net))