Impol expecting its income to grow to a billion euros in 2016

Source: eKapija Friday, 17.06.2016. 12:01
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Impol Seval (Photo: seval.rs)Impol Seval
The Slovenian aluminum manufacturer Impol, which restarted the manufacture in the former Tvornica Lakih Metala (TLM) in Sibenik, through its Croatian company Impol-TLM, plans to make a significantly larger income this year relative to last year, and its long-term goal is a billion euros.

- Our goal for this year is to reach a net sales income of EUR 606 million and a net profit of 19 million – said the CEO of Impol Jernej Cokl.

Impol restarted the manufacture of aluminum in Sibenik in April 2016, but due to the recent fire in the rolling mill, the production capacity has been reduced. Still, Impol predicts that the repair will soon be over and that the manufacture will start increasing toward the planned level.

- Our most important export market in Europe, especially Germany, and along with the increase in the number of employees in Sibenik, we are planning employments in Slovenia as well, in order to achieve a more efficient corporate management of the entire Impol group, which has production facilities in Serbia, Slovenia and Croatia – said Cokl.

In Serbia, Impol Seval made record manufacture and financial results last year with its RSD 902.3 million of profit. At the same time, the shareholders assembly of Impol Seval adopted a decision to pay 36 dinar gross dividends to shareholders, that is, RSD 33.9 million in total.

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