Petrol Group’s plan for 2022 is to generate sales revenue of EUR 5.9 bn and an adjusted gross profit of EUR 643.9 m.

Today, Petrol adopted Business Plan for 2022. The plan is focused on implementing and achieving strategic targets. The plan details business activities for carbon footprints of a company, transition to renewables and company’s view of 2022 and their main risks in achieving strategic targets.

The main component of the plan for 2022 includes reducing the carbon footprints of Petrol Group. The company is aware of its customers becoming increasingly engaged and environmentally conscious. In this adoption of a business plan, Petrol highlighted the company’s activities of increasing energy independence, energy efficiency and a higher share of renewables. Also, the company highlighted their involvement in wastewater treatment – recycling of carwash water and re-using of industrial wastewater. Furthermore, Petrol will reduce its current packaging with recycled and biodegradable materials.

The plan for 2022 is relatively optimistic. Petrol’s plan heavily relies on a positive macroeconomic view – energy prices not furtherly increasing and the government’s adoption of various measures to promote economic activity and consumption level.

The company noted the main risks underlying the achievement of the set plan for 2022. The main risk in Petrol’s view is the negative impact of the energy crisis on both inflation and Petrol’s operating costs. Other risks Petrol highlighted are supply chain cancellation, energy product selling price regulation and other macroeconomic risks.

Petrol Group’s plan for 2022 is to generate sales revenue of EUR 5.9 bn and an adjusted gross profit of EUR 643.9 m. Group plans to achieve the results planned by selling 3.6 m tons of petroleum products, 164.2 k tons of liquefied petroleum gas, etc. As a result, Group’s EBITDA is planned to amount EUR 297.8 m.