Profil:
Grupa Kęty SAKety metals sees PLN 782 mln net profit, PLN 1.35 bln EBITDA and PLN 7.8 bln revenue in 2029 - strategy
Listed metals group Kety assumes PLN 782 million (EUR 182.7 mln) net profit, PLN 1,345 million (EUR 314.2 mln) EBITDA, PLN 1,052 million (EUR 245.7 mln) operating profit and PLN 7,754 million (EUR 1.8 bln) revenue in 2029, the company said in its strategy for 2025-2029. Cumulative capital expenditure in this period is planned at PLN 1,688 million (EUR 394.3 mln).
The planned cumulative investment expenditure over the duration of the strategy will amount to PLN 1,688 million (EUR 394.3 mln), of which approximately PLN 700 million (EUR 163.5 mln) will be development investments for the systematic improvement of processes and the development of new technologies and products in accordance with the operational tasks developed by the group's segments.
As stated, the investment plan will be financed from the company's own operating cash flow and bank loans, while maintaining a safe level of financial ratios over the strategy period.
The planned net debt level at the end of 2029 was estimated at PLN 1.614 billion (EUR 377 mln) and the net debt to EBITDA ratio was estimated at 1.2.
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