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First information on business operations in 2019

According to non-revised operational data, in 2019 the Impol Group achieved EBITDA in the amount of EUR 50.4 million and EUR 27.3 million of profit before taxation. The manufacturing and sales volume in 2019 is comparable to the previous year. In 2019, EUR 30 million were allocated to fixed capital and indebtedness was slightly reduced. The net debt indicator to EBITDA amounts to 3.2.

The demanding business environment in 2019, characterised by a drop in GDP growth in Germany, pressure put by Chinese suppliers to the European market as a consequence of the trade war and uncertainty due to Brexit, made achieving the set goals harder. Furthermore, depreciation costs increased due to the increased volume of investments, and at the same time the costs of energy products also increased.

In 2020, we plan to generate net operating profit before tax in the amount of EUR 29 million and EBITDA in the amount of EUR 54.5 million. EUR 30 million will be allocated again for development investments into fixed capital. The main focus of the Impol Group in the following year will be to increase the share of the sales of products with higher added value and to develop further processing phases in the product manufacturing chain.

Information contained in the publication will be available on the official website of the Impol Group, www.impol.si, for at least 5 years from the publication date.

Management Board of Impol 2000

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