Alro Slatina Budgets 79% Lower Net Profit for 2023

03.28.2023 By Tibi Oprea

Aluminum smelter Alro Slatina (ALR.RO) has budgeted $783 million (RON3.6 billion) revenue for 2023, an increase of 15.5% on 2022, $82 million (RON374.8 million) EBITDA, down 51.2%, pre-tax profit of $18 million (RON82.3 million), 79% lower and $15 million (RON68.6 million) net profit, 79% lower again, ZF has calculated from the company’s budget and the leu/dollar exchange rate.

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