For 2020, Energoprojekt expects to record consolidated sales both in foreign and domestic market of EUR 273.9m.
Energoprojekt published an announcement on the Belgrade Stock Exchange stating that they have adopted the business plan for the period 2020-20204.
For 2020, the Group expects to record consolidated sales both in foreign and domestic market of EUR 273.9m. Also, they expect conclusion of new deals worth EUR 242.7m, while gross profit is expected to amount to EUR 18m. Meanwhile, Energoprojekt Holding in 2020 plans revenues of EUR 6.3m and a gross profit of EUR 2.4m.
According to the mid-term plan for 2020-2024, Energoprojekt forecasts the consolidated revenues of over EUR 300m by the end of the mid-term period. Besides that, the profit margin during the mentioned period is expected to be around 3% to 4%.