JSC Dorogobuzh (a part of Acron Group) today Announces its Unaudited Results the Six Months Ended June 30, 2008.
1H Highlights:
Financials
- Revenue reached RUB 5,622 million, up 57 per cent year-on-year against RUB 3,589 million;
- EBITDA* grew 196% to RUB 2,502 million, against RUB 844 million in H1 2007;
- EBITDA margin surged to 45%, against 24% in H1 2007;
- Net profit for the period amounted to RUB 2,091 – up 279% from RUB 551 million in H1 2007.
*EBITDA is calculated as operating profit plus depreciation and amortisation.
Supplies
| Product | H1 2007 1,000 t | H1 2008 1,000 t | YOY (%) |
| Straight nitrogen fertilisers | 330 | 362 | 10% |
| Ammonia | 7 | ||
| Ammonium nitrate | 323 | 362 | 12% |
| Multi-nutrient fertilisers | 368 | 225 | -39% |
| NPK | 287 | 214 | -25% |
| Bulk blends | 80 | 11 | -87% |
| Inorganic synthesis production | 101 | 104 | 3% |
| Industrial grade ammonium nitrate | 22 | 38 | 71% |
| Food-grade carbon dioxide | 17 | 16 | -8% |
| Calcium carbonate | 62 | 51 | -18% |