BUDGET

After a very good 2021, the start of 2022 is more moderate and slightly behind budgeted expectations. The 2022 budget is challenging but not unrealistic, partly dependent on social and economic developments. The budget assumes a positive result, a depreciation level of approximately € 7.5 million, an expected level of working capital and sufficient cash flow to finance the planned investments from own resources.

ROTO's solvency and liquidity position is strong and provides a solid financial foundation from which to further develop ROTO and streamlining Prestia in our way of working.

ECONOMIC EXPECTATIONS

Expectations for economic development after the COVID-19 crisis are high. However, recent European or even global instability will affect economic development. In addition, other uncertainties, such as price fluctuations of key commodities, energy supply and the availability of skilled personnel will be key factors as well.