The rectified budget will be voted on during the general meeting of October 29. The company explains that the initially approved indicators are no longer “up to date” after the completion of Azomures takeover.
Total revenues are estimated at RON7,742 million (EUR1,489 million), 2.2% above the initial budget, but 7.3% below the 2025 level.
Almost the entire plus compared with the May budget comes from financial income, which is set to double, to RON330 million (EUR64 million).
Total expenses will be 2.5% higher than the initial budget and 15.8% higher than in 2025, at RON5,504 million (EUR1,058 million).
The net estimated profit is 38.5% below the 2025 one.
The investment program has a budget of RON6,103 million (EUR1,174 million).
For the coming years, the company took into account the “phased restart of Azomures branch production facilities starting with Q2 2027”. The budget for 2027-2028 will reflect an increase of both income and expenses generated by the production of chemical fertilizers.
For 2027, it forecasts revenues of RON11,142 million (EUR2,143 million) and net profit of RON1,151 million (EUR221 million), down 40.4%, as expenses would grow by 77.8%.
The company specifies 2027 and 2028 indicators are indicative only.
(English version by Catalina Apostoiu)