Grupa Kęty will return to work on a new strategy after the situation in Ukraine has stabilized, CEO Dariusz Mańko informed.
“We had something to do in Q1 and there was not a single meeting on updating the strategy due to the current activity,” said Mańko during the conference call. “We will see what the situation in Ukraine will be like, when it calms down and stabilizes, we will be able to return to work on updating the strategy. For now, I would not like to give the dates, ”he added.
Grupa Kęty operates in Ukraine through Alupol Ukraina LLC (SWW) and Aluprof System Ukraina LLC (SSA). These companies suspended their operations on February 24, 2022. In December last year the president informed that Grupa Kęty may update the strategy in 2022.
Grupa Kęty is the parent company of the capital group that conducts business in three operating segments: the Extruded Products Segment (EPS), the Aluminum Systems Segment (ASS) and the Flexible Packaging Segment (FPS). The company has been listed on the WSE since 1996. Its consolidated sales revenues reached PLN 4.6 billion in 2021.