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Dec 19, 2007 15:19 EEST
LJUBLJANA (Slovenia), December 19 (SeeNews) – Slovenian fuel trader Petrol expects to raise its group operating profit by 13% to 56.3 million euro ($82 million) next year on the back of a rise in sales, it said on Wednesday.
Group sales are expected to rise by 12% to 2.3 bilion euro in 2008, the company said in a statement. It added that the forecasts for 2008 are based on projected figures for 2007.
The company plans to raise its parent operating profit by 14% to 43.1 million euro next year as sales are forecast to rise by 6.0% to 1.94 billion euro.
Shares in blue chip Petrol added 0.34% to an average price of 914.50 euro on the Ljubljana Stock Exchange on Wednesday. The company announced its targets for 2008 after the close of trading.
($ = 0.68 euro)
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