Brief: Stalprodukt To Uphold Current Dividend Policy Under Strategy

Stalprodukt SA

17/02/2023 16:31

Feb 17 (Reuters) - Stalprodukt SA  STP.WA :
    * UNDER STRATEGY FOR 2023-2030, COMPANY TO UPHOLD CURRENT
DIVIDEND
POLICY
    * IN 2023-2030 SEEKS TO IMPROVE ENERGY EFFICIENCY BY
DEVELOPMENT
OF ABOUT 22 MW IN COGENERATION SOURCES AND MODERNISATION OF
TECHNOLOGICAL LINES
    * UNDER STRATEGY, CO TO BUILD ITS OWN PV AND WIND FARMS WITH
TOTAL
CAPACITY OF ABOUT 110 MW
    * IN WILL SPEND UP TO 1 BILLION ZLOTYS ON KEY PROJECTS BY
2030
WITH AREAS OF STEEL PROCESSING AND ZINC PRODUCTION TAKING ABOUT
50% EACH
    * TOTAL IMPACT OF MAINLY LOWER POWER AND GAS CONSUMPTION AT
ABOUT
290 MILLION ZLOTYS/YEAR ONCE PROJECTS ARE FULLY IMPLEMENTED

Source text for Eikon:  ID:nEM1xqGpca 
Further company coverage:  STP.WA 
 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;))