ČeskyEnglish
Print

2009 Annual Report

Dear shareholders and business partners,

2009 was a difficult year for our company since we had to face a stagnating market and a number of restructuring and personnel changes.

The measures we took resulted in improved economy, especially in the second half of 2009.

The cost saving measures, system simplification and efficiency improvements lead to productivity and profitability growth.

The company's ability to use the product advantage in its sales activities of flexible packaging material and household foil production   had a positive effect on the results. The amount of orders from the food industry substantially increased during the period of civil, mechanical engineering and automotive industry stagnation, as the food industry is less affected by economic cycles.

This wide portfolio of products helped restrict the year-on-year drop to less than 5%. The profit level and the asset management helped improve the company's stability, which resulted in y-o-y total debt reduction of 5.3 percentage points.

The company management has once again faced difficult tasks; last year it was restructuring, and in 2010 it will be defining the strategy and further course of action.

Let me thank all shareholders, business partners, and company employees for their co-operation in 2009.

Ing. Petr Otava, CSc.
Chairman of the Board
Břidličná, June 7, 2010

Where to find us

Contacts

  • AL INVEST Břidličná, a.s.
  • Bruntálská 167, 793 51 Břidličná
  • Czech Republic
  • Phone No.: +420 554 221 111
  • Fax: +420 554 222 700
  • info@alinvest.cz
  • Business ID No.: 273 76 184
  • Tax registration number (DIČ): CZ273 76 184
  • the company is registered in the Commercial Register kept at the Regional Court in Ostrava, Section B, Insert 3040