News
30.11.2009
Dakor Agro Holding intends to raise net profit five times by 2012
Dakor Agro Holding intends to raise its net profit 5.5 times, to UAH 648.5mn (EUR 53.55mn USD 81.06mn) in 2011, against 2008. Net revenue is planned to amount to UAH 1.824bn, against the expected UAH 660.9mn in 2009 (down 7.8% against 2008). Income from sugar business is planned to reach UAH 1.052bn, from other kinds of agricultural business UAH 758mn.
The company is expected to manufacture 85,000 tons of sugar in 2009, down 24% against 2008. Plan for 2010 envisages 120,000 tons, for 2011 185,000 tons.
The holding started preparing for placement of Warsaw Stock Exchange's main trading floor in H1 2010. The aim is to attract funds for financing strategic development and providing share liquidity.
