Today Dorogobuzh (a company of the Acron Group) released its unaudited consolidated condensed IFRS financial statements for 9M 2013.
• Revenue totalled RUB 13,495 million, up 27% year-on-year (9M 2012: RUB 10,654 million).
• EBITDA* increased 18% to RUB 3,893 million against RUB 3,303 million in 9M 2012.
• EBITDA margin was 29%, down from 31% year-on-year.
• Net profit was RUB 3,338 million, down 1% year-on-year (9M 2012: RUB 3,370 million).
EBITDA is calculated as operating profit plus depreciation and amortisation, profit (loss) from currency exchange and other non-cash and non-standard items.