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Dorogobuzh Releases RAS Financials for H1 2012

Today Dorogobuzh (a company of Acron Group) released its unaudited RAS financials for H1 2012.

Financial Highlights

Revenue was up 5% year-on-year to RUB 8.62 billion (H1 2011: RUB 8.18 billion)

Sales profit was RUB 2.94 billion, almost no change year-on-year (H1 2011: RUB 2.91 billion)

EBITDA* was RUB 3.10 billion, almost no change year-on-year (H1 2011: RUB 3.05 billion)

EBITDA margin was 36% down from 37% year-on-year

Net profit for H1 2012 was RUB 2.31 billion, down 28% year-on-year (H1 2011: RUB 3.20 billion)

* EBITDA is calculated as operating profit (sales profit) plus depreciation and amortisation.

Download FInancial Satements (in Russian)