Acron’s 9M 2019 RAS Revenue up 12 %

31 October 2019

Today, Acron (MOEX and LSE: AKRN) has released its non-consolidated RAS financial statements for nine months of 2019.

Key Financials

Revenue was up 12% year-on-year to RUB 52,159 million (9M 2018: RUB 46,654 million)
Sales profit was up 10% year-on-year to RUB 15,353 million (9M 2018: RUB 13,910 million)
EBITDA* was up 10% year-on-year to RUB 19,397 million (9M 2018: RUB 17,595 million)
EBITDA margin was 37.2%, against 37.7% for 9M 2018
Net profit was RUB 18,934 million against RUB 1,697 million in 9M 2018. Financial results of this and the previous reporting periods affected by significant exchange difference.

EBITDA is calculated as sales profit plus depreciation and amortisation.

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