At today’s regular BTC shareholder meeting, the exceptionally successful company’s operations in 2024, marked also by the celebration of the company’s 70th anniversary, were presented. In the jubilee year, BTC boasted growth, breakthrough investments and excellent business results since all the key performance indicators surpassed the levels from the previous year. At the meeting, the shareholders passed a decision on the use of the balance-sheet profit and a regular dividend of EUR 17.50 gross per share, which is 14% higher than the previous year. In addition, the Board of Directors was discharged for its good work in 2024 and a new six-year mandate was approved for the four existing members of the Board of Directors. The meeting was attended by shareholders, whose capital represents 95.4% of the company’s capital and the proposed decisions were adopted unanimously.
In 2024, BTC generated EUR 100.2 million in sales revenue, which represents a 4.3% growth compared to the previous year. EBITDA reached EUR 22.7 million, up 10.5% compared to the previous year, and net profit was EUR 10.4 million, an increase of 43%. The successful sale of the investment in the start-up company also contributed significantly to this. Investments in further development amounted to EUR 13.9 million. Attesting to the company’s financial stability is also the AAA Platinum Creditworthiness Certificate of Excellence which has been awarded to BTC for the sixth consecutive year.
The company will pay a regular dividend of €17.50 gross per share to the shareholders, which is 14% higher than last year. A total of EUR 3,893,470 of the balance-sheet profit for 2024 is allocated for dividends, while the balance of EUR 11,030,225 remains unallocated and will be used in the following financial years. At the meeting, the four existing members of the Board of Directors were confirmed for a new six-year mandate, while the employee representative was appointed for a new mandate earlier this year, following a decision of the Works Council. Damjan Kralj, M.Sc., Jože Mermal, Helena Petrin, Marko Žehelj and Urša Sofranič Bogdanovič (employee representative) remain members of BTC’s Board of Directors.
“By consistently implementing our strategic objectives in 2024, we have consolidated our financial stability, strengthened our strategic business partnerships and successfully realised the announced investments that support the further development of the company in all our business operations. Through seven decades of transformation, by diversifying our activities and setting trends, BTC has established a robust business model that will enable us to continue to be a successful global and sustainable company in the future,” said Damjan Kralj, M.Sc., Chief Executive Officer of the BTC Company.
An important part of 2024 included the continued contextual and sustainable transformation of the BTC City hybrid centres. In Ljubljana, we saw the completion of the comprehensive renovation of Wellness Atlantis, the largest urban wellness centre in central Slovenia, while the BTC City’s offer was expanded with the arrival of a number of new partners. The past year was also marked by further steps taken in urban greening, with a 12,000 m² green area next to the IKEA store, which is now a major urban park and represents the green lungs of the area. Through the green transition, the company is gradually adapting to climate change, changing the microclimate and enhancing biodiversity.
In the field of logistics, an important milestone was achieved with the takeover of the management of the new, technologically modern and energy-efficient Logistics Centre Zalog with 50,000 pallet places. Thereby, the company has consolidated its position as one of the leading providers of logistics services for everyday products in Slovenia and has expanded its operations to other areas of logistics with a higher degree of automation and robotisation.
In the scope of commercial real estate management, the company increased its real estate portfolio and expanded the range of services provided within the BTC PROP business unit.
Upon the celebration of its 70th anniversary, BTC has consolidated its position as a green leader and a socially responsible partner through new steps of sustainable transformation and has been awarded the prestigious Green Star certificate for the third consecutive year. Last year, the company supported more than 130 individuals, associations, organisations and events through its corporate social responsibility activities.
BTC also remains a key player in co-creating technological and business transformations, actively collaborating with start-ups in the development of innovative solutions by establishing new projects, expanding cooperation with domestic and international partners and testing new technologies. The year was also marked by positive actions in the area of human resources management. All BTC employees received a 5.2% salary increase, above-average holiday allowances and performance bonuses.
In 2025, BTC plans further revenue growth, EBITDA of more than EUR 24 million, net profit of EUR 7.4 million and investments of at least EUR 10 million, while the preparation of a new five-year development and sustainability strategy will be one of this year’s key projects. “The results achieved so far confirm that the past strategic key points focusing on innovation, sustainable development, partnership cooperation and openness to change were the right ones. We will continue to ‘set the pace’ and remain an open platform for cooperation, new opportunities for growth and a responsible partner to broader society,” announced Damjan Kralj, M.Sc., Chief Executive Officer of the BTC Company.
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