As announced at the Annual General Meeting, we expect increased sales of between 5 % and 8 % for the whole year 2018, operating margins in the previous year’s range, and a positive net result. The first half-year was heavily impacted by infrastructure problems, which will no longer affect the second half-year. Both harvest and production volumes have been and will be increased, which will also be reflected in the result.
Our focus continues to be on organic and sustainable growth. Productivity enhancement projects are underway in both Gabon and Brazil. However, the improvement in margins resulting from these measures will not yet be apparent this year. Possible holdings in or takeovers of other companies as well as targeted expansion of concession areas will continue to be evaluated carefully.
Conditional and authorized capital is at our disposal for the financing of larger projects in order to take advantage of opportunities at short notice.
On behalf of the Board of Directors and Management
Chairwoman of the Board of Directors
CEO / CFO, Delegate of the Board of Directors