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Polands largest coal miner PGG targets a , Equities News - EquitiesPoland.pl
Coverage of high-potential mid-market firms in Poland

Article

Poland's largest coal miner PGG targets a "High" profit, on the back of acquiring struggling industry rivals KHW

 

"The minimum [goal] is not to post a loss, as we should remember that KHW was taken over in a difficult situation," Rogala said. "But we are convinced we will generate a profit."

 

Asked if the profit could reach PLN 370 mln assumed back in February, Rogala indicated that a good portion of the goal was achieved already in Q1.

 

"We will do everything to achieve a high positive financial result, the company is ready for it," he assured.

 

On April 1, PGG took over select mining assets of KHW.

 
 

2017-04-10



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