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Dorogobuzh Releases 9M 2014 IFRS Consolidated Statements

Today Dorogobuzh (a company of Acron Group) has released its unaudited IFRS consolidated condensed financial statements for 9M 2014.

Financial Highlights
• Revenue totalled RUB 12,206 million, down 10% year-on-year (9M 2013: RUB 13,495 million)
• EBITDA* was down 29% to RUB 2,777 million year-on-year (9M 2013: RUB 3,893 million)
• EBITDA margin was 23%, down from 29% year-on-year
• Net profit was RUB 2,204 million, down 34% year-on-year (9M 2013: RUB 3,338 million)

* EBITDA is calculated as operating profit adjusted for depreciation and amortisation, Forex gains or losses, and other non-monetary and non-core items.

Full version of financial statements is available at

Download Financial Statements (540 kb)