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Acron’s H1 2021 RAS EBITDA More Than Triples

Today, Acron (MOEX and LSE: AKRN) has released its non-consolidated RAS financial statements for H1 2021.

Key Financials

  • Revenue was up 75% year-on-year to RUB 54,605 million (H1 2020: RUB 31,131 million).
  • Sales profit increased fourfold year-on-year to RUB 26,454 million (H1 2020: RUB 6,605 million).
  • EBITDA* was up 3.1 times year-on-year to RUB 29,116 million (H1 2020: RUB 9,444 million).
  • EBITDA margin reached 53%, up from 30% in H1 2020.
  • Net profit was RUB 25,945 million (H1 2020: loss of RUB 1,154 million).

*EBITDA is calculated as sales profit plus depreciation and amortisation of fixed and non-tangible assets.

Full financial accounts are available at www.acron.ru