Slovenia's Petrol Reports 13% Rise In 2018 Net Profit
Slovenian fuel retailer Petrol reported on Friday a 13% increase in 2018 net profit on the back of rising sales and kept its guidance for a rise in profit this year.
Petrol operates 500 filling stations in Slovenia, Croatia, Bosnia, Serbia, Montenegro and Kosovo.
It said net profit for 2018 increased to €91.8 million with sales rising to €5.4 billion from €4.5 billion in 2017.
"In 2018 Petrol performed very well, exceeding its set targets," Petrol said.
It said it still targeted a net profit of €96.7 million in 2019, on sales of €5.6 billion, as set out in a plan announced in December.
It said it increased its staff by 8% last year to 4,857.