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Dorogobuzh Releases Q1 2014 RAS Statements

Today Dorogobuzh (member of Acron Group) has released its unaudited RAS financial statements for Q1 2014.

Financial Highlights
• Revenue totalled RUB 4,301 million, down 7% year-on-year (Q1 2013: RUB 4,611 million).
• Sales profit was RUB 1,087 million down 21% year-on-year (Q1 2013: RUB 1,383 million).
• EBITDA* was down 19% to RUB 1,201 million (Q1 2013: RUB 1,485 million).
• EBITDA margin was 28%, against 32% year-on-year.
• Net profit was RUB 789 million, down 36% year-on-year (Q1 2013: RUB 1,234 million).

* EBITDA is calculated as operating profit plus depreciation and amortisation, profit (loss) from currency exchange and other non-cash and non-standard items.

Download FInancial Satements (in Russian)