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Slovenian Petrol Achieves 4.5 Billion Euros in Revenue, Profit Increased

The Slovenian energy group Petrol achieved nearly 4.5 billion euros in sales revenue last year, with 160 million euros in operating profit and a net profit of 81.1 million euros, the largest Slovenian company by revenue announced on Thursday.

Compared to 2016, revenues increased by 17%, and net profit by 12%.

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The shareholders’ assembly of Petrol on Thursday supported the management’s proposal to distribute all profits from the balance sheet, which amounted to 33 million euros at the end of last year, said Petrol’s director Tomaž Berločnik at a press conference.

The dividend amounts to 16 euros gross per share, two euros more than last year, and will be paid out on August 10.

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Last year’s operations of Petrol, which employs around 4,500 people in Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Kosovo, and Montenegro, were successful, Berločnik assessed.

3.4 million tons of petroleum products were sold, five percent more than in 2016, and sales of other energy products and commercial goods increased at 495 Petrol service stations in Southeast Europe.