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Driven by Operational Excellence, Andalan Sets Ambitious and Sustainable Growth Targets Through to 2028

| Source: VIVA Translated from Indonesian | Business
Driven by Operational Excellence, Andalan Sets Ambitious and Sustainable Growth Targets Through to 2028
Image: VIVA
  • PT Andalan Artha Primanusa is committed to strengthening its position as a mining services contractor that is reliable, credible, and relevant, in the face of geopolitical tensions and rising field operating costs. President Director Gahari Christine said the commitment is being realised through strategic investments in renewing its fleet, which have proven to improve fuel efficiency. “The company also applies a selective approach in choosing new contracts, as a strategic step to safeguard the quality of its business portfolio and ensure healthy, sustainable business,” she said in a statement on Tuesday, 19 May 2026. She noted that the success of the efficiency and operational excellence strategy is reflected in the company’s financial performance. In 2025, the company managed to raise its EBITDA margin to 39 percent, amounting to Rp 145.4 billion. “Andalan has achieved a track record of solid profitability amid the challenges of force majeure and extreme weather that have clouded the industry,” she added. Supported by a certainty of volumes across various contracts currently underway, Gahari explained that the group has set aggressively ambitious compound annual growth rate (CAGR) targets through to 2028. Revenue is projected to rise at a CAGR of 28 percent, moving from a target of Rp 949.6 billion in 2026 to Rp 1.41 trillion in 2027. Then, in 2028 the company again targets Rp 1.55 trillion. In line with this growth, EBITDA is expected to grow at a CAGR of 21 percent to reach Rp 514.2 billion in 2028. The net profit target leaps with a CAGR of 31 percent to Rp 223.9 billion over the same period. “Our focus going forward is to maintain this solid and measured growth commitment to deliver long-term value for all stakeholders,” Gahari said. With eight years of operational experience as a coal contractor and a management team with a track record of more than 20 years in the industry, Andalan places operational excellence as the cornerstone of ensuring efficiency, reliability, and consistent execution quality across all lines of operation. “Andalan implements an end-to-end mining services model through an integrated operational system that covers planning, precise execution, and periodic evaluation. This structured solution is integrated from the early exploration stages, core production activities, to post-mine reclamation responsibilities,” she added.
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