The Board of Directors of ASBISc Enterprises Plc ("Company", "Issuer") hereby announces the forecast of the Company's financial results for 2018. br> The Company forecasts that in 2018 it will record: br> - Sales revenues between 1, USD 8 billion and USD 1.9 billion br> - Net profit after tax between USD 9 million and USD 10 million br> Forecasted values result from the Company's strategy including - but not limited to - greater concentration on sales in the regions of the former USSR and Central and Eastern Europe, increasing the distribution of products from other manufacturers and continuing stable private label business conducted in the back-to-back model. br> Important assumptions regarding the forecast results are as follows: br> - Situation at our main markets, i.e. Russia, Ukraine, Kazakhstan, Belarus and Slovakia, will not deteriorate compared to the second half of 2017. br> - There will be no significant currency devaluation of Russia, Belarus, Kazakhstan and Ukraine, therefore, it will not negatively affect the demand in these markets br> - No significant distortions in the general economic environment will occur on other markets where the Company operates br> - Competition in all the main segments will remain similar as in 2017, there will be no significant new market participants br> - the Group will continue to benefit from favorable trading conditions with its key suppliers br> The implementation of the forecast results will be monitored by the Company on a quarterly basis. The criterion of monitoring and evaluation will be to achieve budgeted revenues and net profit in each quarter of 2018. In case of a significant discrepancy between the results achieved and budgeted, the Company will correct this forecast with the current report. Br> Legal basis: § 5 sec. 1 point 25 of the Regulation of the Minister of Finance of 19 February 2009 on current and periodic information provided by issuers of securities and conditions for recognizing as equivalent information required by the laws of a non-member state (Journal of Laws from 2009, No. 33 item 259, as amended) br>
Source: company website, investor relations, current and periodic reports.