Sava Sees EUR 44.2m EUR Profit by 2011

Sava, the chemical and tourism conglomerate, expects net profit to grow to EUR 44.2m in 2011, over 30% more than their planned profit for 2006, the company supervisors heard in Kranj on Thursday.

The supervisory board gave a nod to the company's 5-year strategy at its meeting. It assessed the document as very ambitious, yet grounded in reality.
Sava plans to invest over EUR 310m into growth in the next five years and wants to achieve a 15% return on equity, the supervisors heard.
In 2007, the company plans to increase sales revenues by 12%, double the operating profit and post a net profit of EUR 30m.

More articles from this issue:

Archive

year month 2008 1   2   3   4   5   6   7   8   9   10   11   12 2007 1   2   3   4   5   6   7   8   9   10   11   12 2006 1   2   3   4   5   6   7   8   9   10   11   12 2005 1   2   3   4   5   6   7   8   9   10   11   12 2004 1   2   3   4   5   6   7   8   9   10   11   12

© Government Communication Office

To receive our weekly newsletter by e-mail subscribe here.