Ladies and Gentlemen, Dear Shareholders,
I would like to take this opportunity to look back al 2017. We have had another successful year with exoellent results; refiecting the stability and piospects for ouí business and also our business plans for the future. AL INVEST Břidličná, a.s. fulfilled and exceeded all the planned eoonomic indicators. The company generated CZK 4.64 biliion in revenue on sold products and manufactured a record 54 867 tonnes of produds. The large volume of sales together wřth the improved product mix generated a profit of CZK 357 milli on before taxes.
2017 was primarily a year of preparation of important investments into the aluminium rolling part of our production. We also modetnised the operations of sorting and packaging metal sheets through the creation of a new robotic workplace. In addition, the key Waldrich grinding equipment for grinding working cylinders and also the water cooling tower in the production of metal sheets and strips have also been modemised. New modern machines for the packaging division were ordered in 2017. One of these is a gravure printing machine with nine stands together with circular shears and olher peripherals, which will provide increased capacity and thus meet the high requirements of our customers. The other new acquisition was a machine for producing bags, which is to be installed towards the end of 2018 and will provide us with complelely new opportunities in the packaging branch.
The company will continue to develop in 2018. Our attention will be focused on investments and developments in the sphere of rolling aluminium, where we plan to gradually modernise key equipment in order to implement a medium-term strategy.
Dear shareholders and business partners, let me thankyou for your confidence in AL INVEST Břidličná, a.s. I would also like to thank the Company's employees for their cooperation and for the results that we achieved togelher in 2017. I strongly believe that we will manage to meet the set goals in 2018.
Chairman of the Board of Directors
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