Revenues are seen to increase 10% this year to RON385 million, and total expenses are expected to climb 6.5% to RON368 million.
Albalact registered sales of RON343.8 million in 2012, slightly up on the year, and net profit of RON7.3 million.
The company is controlled by businessman Raul Ciurtin, which holds a 42.53% stake in Albalact through two firms registered in Cyprus: Crisware Holdings (26.86%) and Croniar Holdings Limited (15.67%). Investment fund RC2 owns 25.45% of the shares.
On the Rasdaq market in Bucharest Friday, Albalact was trading up 2.34%, at RON0.14 a share. (EUR1=RON4.3352)