Ru En

Dorogobuzh Releases its RAS Non-Consolidated Results for the 9 Months of 2008

JSC Dorogobuzh (Acron Group’s company) Released Today its RAS Non-Consolidated Results for the Nine Months of 2008.


• Dorogobuzh’s revenue reached RUB 8,380 million, up 56 per cent year-on-year (nine months 2007: RUB 5,375 million).

• Operating profit amounted to RUB 3,777 million, up 186 per cent year-on-year (nine months 2007: RUB 1,318 million).

• EBITDA* rallied 178 per cent to reach RUB 3,875 million, against RUB 1,394 million in nine months of 2007.

• EBITDA margin totaled 46 per cent, against 26 per cent in the same period last year.

• Dorogobuzh’s net profit reached RUB 2,192 million. Net profit was affected by mark to market revaluation of financial investments, which resulted in RUB 1,042 in losses. Therefore, net profit before financial investments revaluation grew 238 per cent to RUB 3,234 million against RUB 957 million in the previous year.

*EBITDA is calculated as operating profit (sales) plus depreciation and amortisation.

Dorogobuzh is set to release its RAS Consolidated Financial Statements for the nine months of the year on November 10, 2008.

Download Financial Statements in Russian