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Summary of 2018

Let me present to you our Annual Report, showing the LOTOS Group’s financial results for 2018. They are extremely important to us as they again confirm the sound financial condition of our company and allow us to look boldly into the future and confidently implement further ambitious growth plans.

Beata Kozłowska-Chyła

2018 was another successful year for Grupa LOTOS and the wider oil industry. Successful growth of our Company, continued support from the government and a focus on the quality of solutions and products allow us to be proud of our achievements.

Results 2018
10.8 m tonnes
record-high crude throughput
18%
year-on-year growth in store sales in 2018
7%
growth in retail fuel sales
PLN 185 m
dividend paid for 2017
PLN 89.6
LOTOS stock price at the Warsaw Stock Exchange
PLN 3.12 bn
LIFO-based EBIDTA (up 2% year on year)
20,400 boe/d
average daily crude oil and gas production
89.8 mboe
LOTOS oil and gas reserves
44 licences
for exploration, appraisal and production of hydrocarbons from offshore and onshore deposits
495
LOTOS branded service stations
86
markets served around the world
12
electric vehicle charging points along the Tricity–Warsaw route
FTSE4Good
Grupa LOTOS shares included for the first time in the London Stock Exchange’s index of ethical investment stocks FTSE4Good
5 045
LOTOS Group employees
1 283
beneficiaries of LOTOS volunteering initiatives
PLN 6 m
contributed in total by the LOTOS Foundation to 130 projects
27.5 kg CO2/CWT
reduction in emission intensity
96%
recovery rate of internally generated waste
PLN 37.7 m
of costs and capital expenditure incurred by LOTOS Group companies to prevent environmental damage and manage environmental protection
PLN 6.8 m
of costs incurred on waste disposal, emission reduction and remediation
27%
rate of water reuse or reclamation
Downloadable Report