For 2018, we intend to focus on extending the Group trading and retail activities but also to continue the implementing of the internal programs for a staged development and subsequent diversification of our business. Therefore, the basic growth factor consists in obtaining new record results in operational performance and maximum productivity over the reporting period, results which exceed the figures reached at the end of 2017.
Currently, certain projects and programs are in advanced phases of deployment: the complex digitization of the production processes, the commissioning of the high-density polyethylene unit, the upgrading and extension of the crude oil and petroleum product tank park, the increase of the energy efficiency but also extension of the distribution network in Romania and in other countries in which the Group is present.
|Feedstock processed*||4.53 Mln/T||4.58 Mln/T||5.54 Mln/T||5.45 Mln/T||5.95 Mln/T||6.23 Mln/T|
|Refined products output*||4.40 Mln/T||4.46 Mln/T||5.40 Mln/T||5.32 Mln/T||5.77 Mln/T||6.07 Mln/T|
|Petromidia Refinery run-rate||11.1Kt||12.7Kt||13.8 Kt||15.2 Kt||15.8 Kt||16.8 Kt|
|Petromidia Refinery Energy Intensity Index||114.9%||102.8%||99.9%||98.6%||97.9%||99.9 %|
|Trading Entities Market Sales||5.4 Mln/T||6.7 Mln/T||9.43 Mln/T||9.7 Mln/T||10.5 Mln/T||13.4 Mln/T|
|Retail Entities Sales||2.1 Mln/T||2.3 Mln/T||2.5 Mln/T||2.6 Mln/T||3.0 Mln/T||3.2 Mln/T|
* Production Units of KMGI in Romania: Petromidia refinery, petrochemical division; Vega refinery.
Consolidated EBITDA & Net Result in 2012 excluding an one-off positive effect corresponding to an historical fuel tax FSPP (Special Oil Products Fund) adjustment (one-off positive effect of 50 million $ in EBITDA and 52 million $ in Net Result excluded from the financial accounting EBITDA of +129m$ and Net Result of -156m$);
**From Management Accounting Perspective, after allowing for exceptional items and current cost of supply adjustments, 2016 EBITDA Performance of KMG International was at the level of 239m$ (with a Net Profit of 77m$);
**From Management Accounting Perspective, after allowing for exceptional items and current cost of supply adjustments, 2017 EBITDA Performance of KMG International was at the level of 262m$ (with a Net Profit of 91m$);
History of our sustainable growth
KMG International is one of the biggest contributors to the Romanian state budget and Romania’s main exporters.