Corum Group, specializing in the manufacture of mining machinery, intends this year to increase sales revenue by 49% YoY, up by 7% from the target, and EBITDA – by 158%.
The growth is due to the increase in contract signing by 116% YoY. As the result machinery sales increased by 67%, services – by 34%.
“Having analyzed the fulfilled contracts we have received a credible forecast of 2017 results. We will outperform our business plan for this year, which is quite ambitious. The financial result speaks to the correct choice of the development direction, and we will follow it in 2018 as well”, the company CEO Yakov Sidlyarenko says. (Ukrainian metal)
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