The company’s budget for this year will be up for shareholder approval on April 27.
According to the document, revenue is expected to dip 1% in the year, to RON150.3 million, while expenditure is seen down 0.7% to RON141.2 million.
From last year’s profit, the company plans to pay dividends worth a total RON6.05 million, while RON1.89 million will remain as undistributed profit.
Ductil is 72.3% owned by Italian FRO-Airliquide Welding, while Broadhurst Investments Limited holds 11.7%.
Company shares, traded on the Rasdaq market of the Bucharest Stock Exhcnage, closed roughly flat Monday, at RON0.335. (EUR1=RON4.3688)