“The improved profitability outlook is supported by updated assumptions regarding raw material procurement costs, which are expected to result in higher gross margins,” reads the report.
At the same time, the company slightly reduced its estimate for total revenues, from RON1.22 billion to RON1.20 billion, primarily due to updated assumptions regarding the expected sales mix.
Operating profit was also upwardly revised, from RON157.2 million to RON184.5 million.
Cris-Tim expects higher operating expenses than initially anticipated. These were revised from RON452 million to RON466.7 million. The company explains the evolution by the persistent inflationary pressures. „These costs are expected to remain above the levels initially budgeted for the second half of 2026, in the context of the international geopolitical environment and developments in the domestic energy market”.
The company’s investment plan for 2026 remains unchanged from the previously announced version.
(English version by Catalina Apostoiu)