Aforti Holding S.A., one of Poland’s leading financial companies, which provides services for small and medium-sized entities, published its growth strategy for the Capital Group for 2016-2018. In that period it will significantly strengthen its position on the national market in the broadly-defined financial industry and will commence expansion onto European markets. One strategic goal is joining the ranks of companies listed on the main index of the Warsaw Stock Exchange.
The board of Aforti Holding S.A. passed its strategy for the Capital Group for the period up to 2018. The management of the Group plans to secure exponential growth for the business by means of organic growth and acquisitions. What is more, growth will be aided by intra-group synergy and the development of its x-sell offer – an additional package of services, which will result in forming a comprehensive offer. The new strategy calls for expansion onto new markets, including Slovakia, Czechia, Hungary and Romania. By 2018 the Group is going to be present in seven European countries.
“By 2018 we want the scale of our business to grow exponentially. This rapid expansion will be achieved through a two-pronged strategy: through organic growth and acquisitions. We want to set new standards of comprehensive client service for private finance and corporate finance management. Our goal is to transfer onto the main trading floor of the Warsaw Stock Exchange within two years,” says Klaudiusz Sytek, board president, Aforti Holding S.A.
The Group is going to fast-track its business expansion through two subsidiaries: Aforti Exchange and Aforti Finance. It is also actively seeking out investment opportunities by planning to enter completely new areas, which would fit in with its current profile.
Aforti Exchange, the on-line currency exchange dealer, is planning to increase the revenue of its platform from PLN 85 million in 2015 to the level of PLN 1 billion per annum by the end of 2018. This rapid development will be achieved through acquisition of new clients. By the end of 2018, the company wants to have developed a base of 1,000 regular business clients. What is more, it will expand its line of services, e.g. forward booking, dealer alerts, custom currency spreads. Still this year, additional transaction platforms are to be launched in two European countries. By the end of 2018, the Company intends to expand into two other countries on the continent.
Conversely, Aforti Finance, which provides micro-loans to entrepreneurs, plans on reaching an annual revenue of PLN 60 million by the end of 2018. To reach this goal, the Company intends to expand its sales network nationwide, broaden the scope of services, improve brand awareness and that of its services. Aforti Finance also plans international expansion: by the end of 2018 the Company wants to be present on three new marketplaces.
Last week the board of Aforti Holding S.A. announced it had signed a sponsorship deal with seven-times Polish football champions, Lech Poznań.
“As part of the agreements signed with the Poznań club, our logo will appear on Lech’s uniforms. What’s more, I’m convinced, that executing the presented strategy will allow Aforti Group to play in the financial services big leagues,” adds Klaudiusz Sytek. According to information published in the Aforti Group strategy, the crowning goal of the effort is debuting on the main trading floor of the Warsaw Stock Exchange.
In 2015 Aforti Holding Group marked a record-high consolidated sales revenue of PLN 43.53 million. In comparison to 2014 it was a 284% YoY increase from PLN 11.32 million. The consolidated net profit reached PLN 541 thousand by years end.