Slovenian energy group Petrol announced that rating company Standard & Poor’s (S&P) has affirmed its BBB- long-term and A-3 short-term credit rating, with stable outlook.
Petrol recorded net profit in the amount of 81.1 million euros in 2017, which is 12 % more compared to the previous year. At the same time, company’s revenues increased by 17 %, reaching a total of 4.5 billion euros, while its earnings before interest, taxes, depreciation and amortization (EBITDA) rose by 11 % to 159.6 million euros. The company is also planning to pay gross dividend of 16 euros per share for 2017 to its shareholders, compared to 14 euros/share paid for the previous year.
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Tags: financial, fuel, petrol, S&P, Slovenia