Roof Renovation plans foreign expansion and acquisitions in the strategy until 2027

Roof Renovation has adopted a development strategy until 2027, according to which it intends to develop its offer, in particular in the production of ecological building materials, the use of renewable energy in industry and construction, and investments in land real estate. At the same time, the company wants to further develop its core business, in particular on foreign markets, and plans acquisitions to supplement its offer.

Within 5 years, Roof Renovation wants to create a capital group capable of comprehensively implementing large-scale industrial and logistics facilities with a cubage of over 1 million m2 per year.

“The past year has been a period of dynamic changes in Roof Renovation. Thanks to the reverse takeover, we debuted on NewConnect, currently finalizing this process is a priority for us in terms of corporate activities. In 2022, we dynamically increased the scale of our operations, resulting in record-breaking results, and we do not plan to slow down in the next quarter,” said Rafał Wójcik, President of Roof Renovation, quoted in the release.

In Q3 2022, Roof Renovation recorded a consolidated net profit of PLN 8.55 million compared to a loss of PLN 1.06 million a year earlier, with revenues of PLN 81.39 million compared to PLN 50.74 million a year earlier.

Roof Renovation S.A. (formerly S.A.) debuted on the NewConnect market in 2008. Roof Renovation S.A. capital group has in its structure Roof Renovation Sp. z o.o., one of the market leaders in the segment of flat roofs and cladding for large-size buildings. The group employs over 40 people, mainly designers, managers and engineers. The company also has its own executive teams and cooperates with about 400 subcontractors.

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