Today Dorogobuzh (member of Acron Group) announced its audited RAS statements for 2011.
Financial Highlights
• Revenue increased 52% year-on-year, from RUB 10.96 billion to RUB 16.66 billion
• Operating profit was up year-on-year by a factor of 2.6 to RUB 6.32 billion (2010: RUB 2.42 billion)
• EBITDA* more than doubled year-on-year to RUB 6.61 billion (2010: RUB 2.67 billion)
• EBITDA margin was 40%, up from 24% year-on-year
• Net profit was up year-on-year by a factor of 2.2 to RUB 6.09 billion (2010: RUB 2.71 billion)
* EBITDA is calculated as operating profit (sales profit) plus depreciation and amortisation.