Promet Group significantly increased its sales and EBITDA last year and completed another important strategic acquisition
Last year was full of significant events for Promet Group with a very good financial result. We were able to grow both organically in our core businesses and also through its development with the completion of the acquisition of Đuro Đaković Grupa d.d., a major Croatian manufacturer of railway freight wagons.
Cost-wise, we had to cope with high growth in inputs, especially energy. We managed this situation and increased our operating profit with our consolidated sales surpassing 10 billion CZK for the first time.
In August we started the modernisation and greening of our foundries in Vsetín and Kopřivnice, which is significant both in terms of the use of the latest production technologies and the positive impact on the surroundings of these plants," commented Denisa Materová, member of the Board of Directors of Promet Group, on the results of last year.
From a company management perspective, we have completed the important process of handing over the management to the second generation of the Matera family.
