Revoil has recorded a 6.5% increase in volumes in the fuel sector in 2024, compared to 2023, with the heating and marine fuels sector following in growth rate, BnB Daily is able to learn.

Overall, the company's management considers last financial year to have been "commercially successful," while it expects to record further growth in fuel volumes and new locations in its network of service stations this year.

NETWORK DEVELOPMENT

Revoil operates 500 stations through franchises, and its growth plan for this year includes the addition of around 40 new points to the network. The main areas the company is focusing on are large urban centers, where there is a significant concentration of population. 

FOCUS ON REVOLUTION

The development of its prime products that are in the Revolution category and show higher profitability is the area in which the company is going to emphasize in 2005.

RES

Investing annually in its core business, and for the last three years in RES, Revoil set up a subsidiary at the end of December, under the umbrella of which the subsidiaries in the RES sector are included. In this category, Revoil has 18.4 MW in operation and will reach 26.4 MW within the year, with a target of 500 MW in operation at the end of five years.

SHARE OF CAPEX IN SNOW

It is worth mentioning that last year a significant part of the capex was channeled towards upgrading the facility that Revoil maintains in Chios.