Integrated Annual Report of LOTOS Capital Group 2016

LOTOS Logo

INTEGRATED ANNUAL REPORT 2016

The LOTOS Group

Vision of stable and sustainable growth

An optimally and vertically integrated producer of top quality fuels and chemicals, providing highly specialised logistics services and servicing support, and a national champion in delivery of new projects and innovative solutions in the area of the Group's core business.

READ MORE

Growth strategy 2017 − 2020

Strategic objectives

Business scale

The LOTOS Group is the second largest fuel producer in Poland. The refinery in Gdańsk is one of the youngest and most advanced refineries in Europe in terms of technology and environmental protection.

The LOTOS Group is the sole producer of hydrocarbons in Poland’s Exclusive Economic Zone of the Baltic Sea. It also produces oil and natural gas from fields located on the Norwegian Continental Shelf and in Lithuania.

READ MORE
  • 35companies

    Making Up The Lotos Group

  • 4,888headcount

    At The Lotos Group

  • 26,700boe

    Average Daily Output From Fields Located In Poland, Norway, And Lithuania

  • 10.4mln ton

    Łączny przerób ropy naftowej w rafinerii gdańskiej w 2016 r.

Products and services

he LOTOS Group markets its products in Poland (sales to foreign companies operating in the country) and on foreign markets (exports by sea and by land). The Group subsidiaries make and sell products dedicated to specific industries, including the fuel, lubrication oil and bitumen industries.

READ MORE
  • 11,061,000
    tonnes

    Of Products Sold In 2016

  • 29.5%

    Share In The Domestic Fuels Market

  • 487

    Service Stations

  • Presence In

    82markets

MORE ON THE LOTOS GROUP


Financial results

  • 20.9bn

    Consolidated Revenue In 2016

  • 2.59bn

    Adjusted Lifo-Based Ebitda
    - The Highest In The Lotos Group's History

  • 1.015bn

    Lotos Group's Consolidated Net Profit In 2016

  • 2.653bn

    Of Net Cash Provided By The Lotos Group's Operating Activities

LOTOS Group's
value creation model

The LOTOS Group's operations comprise a complete value chain – from exploration for and production of hydrocarbons to sales of finished products. In the strategy adopted in 2017, we set ourselves ambitious goals, assuming a stable development of the core segments of our value chain.

READ MORE

Safety first
 

The LOTOS Group places a strong focus on ensuring and maintaining a high process safety culture across the organization. The LOTOS Group companies monitor incident rates on an ongoing basis and eliminate all potential threats.

READ MORE
We invite you to participate in our Report's survey
Let's go Not now