Key Financials
• Revenue was down 7% year-on-year to RUB 13,705 million (Q1 2015: RUB 14,710 million)
• Return on sales was down 33% year-on-year to RUB 4,987 million (Q1 2015: RUB 7,495 million)
• EBITDA* was down 32% year-on-year to RUB 5,320 million (Q1 2015: RUB 7,796 million)
• EBITDA margin was 39% against 53% in Q1 2015
• Net profit was up 91% year-on-year to RUB 7,221 million (Q1 2015: RUB 3,775 million)
*EBITDA is calculated as return on sales plus depreciation and amortisation.