Today, PJSC Acron (Moscow Exchange: AKRN) has released its consolidated IFRS financial statements for H1 2026.
Key Financials
- Revenue was RUB 112,863 million, down 9% (H1 2025: RUB 124,175). In US dollar terms, revenue increased 4% to USD 1,477 million from USD 1,427 million.
- EBITDA* was down 9% year-on-year to RUB 47,713 million (H1 2025: RUB 52,473 million). In US dollar terms, it increased 4% to USD 625 million from USD 603 million.
- EBITDA margin for H1 2026 was 42%, no change year-on-year.
- Net Profit was RUB 26,121 million, down 14% from RUB 30,235 million for H1 2025. In US dollar terms, it decreased 2% to USD 342 million from USD 347 million.
- Net Debt increased to RUB 124,706 million (USD 1,604 million) from RUB 115,044 million (USD 1,471 million) as of 2025 year-end.
- Net debt / LTM EBITDA** for the period increased to 1.43 from 1.25. In US dollar terms, the ratio was up to 1.43 from 1.34.
Operating Results
- Output of main products was 3.960 million tonnes, down 14% year-on-year.
- Sales of main products totalled 3.926 million tonnes, down 18% year-on-year.