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.