Ru En

Dorogobuzh H1 2016 RAS Revenue Up 2%

Today, Dorogobuzh (a member of Acron Group) has released its unconsolidated RAS financial statements for the first six months of 2016.  

Financial Highlights 

• Revenue was up 2% year-on-year to RUB 12,944 million (H1 2015: RUB 12,723 million) 
• Sales profit decreased 20% year-on-year to RUB 4,376 million (H1 2015: RUB 5,462 million) 
• EBITDA* was down 19% year-on-year to RUB 4,646 million (H1 2015: RUB 5,741 million) 
• EBITDA margin was 36% against 45% in H1 2015 
• Net profit was down 1% year-on-year to RUB 4,992 million (H1 2015: RUB 5,024 million) 

 *EBITDA is calculated as return on sales plus depreciation and amortisation.