Today Dorogobuzh (Acron Group’s company) released its non-audited RAS financial statements for 9M 2012.
Financial Highlights
• Revenue totalled RUB 10.56 billion, down 15% year-on-year (9M 2011: RUB 12.44 billion).
• Sales profit was RUB 3.08 billion, down 33% year-on-year (9M 2011: RUB 4.63 billion).
• EBITDA* totalled RUB 3.33 billion, down 31% year-on-year (9M 2011: RUB 4.85 billion).
• EBITDA margin was 32%, down from 39% in 9M 2011.
• Net profit in the reporting period decreased to RUB 2.99 billion, down 31% year-on-year (against RUB 4.33 billion in 9M 2011).
*EBITDA is calculated as operating profit (sales profit) plus depreciation and amortisation.