Petrol Group expects to generate a net profit of 53.3 million euro in 2012. This, however, does not take into account potential impairments, the company said in a bourse filing.
Consolidated sales revenue is estimated at 3.7 billion euro this year.
Group earnings before interest, taxes, depreciation, and amortization (EBITDA) are forecast at 124.8 million euro in 2012, up 8.0% percent from 2011, and are expected to rise a further 7.0% to 133.6 million euro next year.
Petrol Group plans to invest 88 million euro in fixed assets in 2013, and will allocate 47% of this amount for its oil business in Slovenia, 19% for its oil business in Southeast Europe (SEE), 27% for its energy business and 7.0% to upgrade information and other infrastructure.
In 2013, the Group's investment policy will still be focused on the expansion of oil and merchandise sales operations in the SEE region, the expansion of operations in other energy segments in Slovenia and in SEE - gas, electricity, efficient energy consumption, environmental projects - and on the consolidation of the Group’s position as regards oil and merchandise sales in Slovenia.
Consolidated sales of petroleum products are estimated at 2.5 million tonnes in 2012, up 5.0% compared to 2011, and are seen rising 3.0% to 2.58 million tonnes next year. Up to 62% of the overall sales plan for 2013 is expected to be achieved in Slovenia, with SEE and EU markets accounting for 26% and 12% of the plan, respectively.
A total of 15 new service stations will be incorporated into Petrol's retail network in 2013, with the launches evenly spread out throughout the year. The Group will have 477 service stations by the end of 2013, including 319 in Slovenia, 98 in Croatia, 37 in Bosnia and Herzegovina, nine in Serbia, seven in Kosovo and as many in Montenegro.
The Group is estimated to generate 289.3 million euro in revenue from energy activities in 2012, up 45% on 2011, and targets a 13% increase to 325.7 million euro in 2013. The planned revenue will be achieved by selling 125 million cubic meters of natural gas, 77,900 tonnes of liquefied petroleum gas, 2.82 terawatt-hours of electricity as well as wood biomass and services that are part of environmental and energy solutions.
