Metinvest posts preliminary financial results for July
29 September 2016
According to the statement of the company in July’16 its revenues made USD 568M, EBITDA – USD 147M. For 7m 2016 revenues – USD 3 449M, EBITDA – USD 726M:
Metinvest showed negative EBITDA during November’15-January’16, when ore&metal prices have been on the lowest levels during last years.
In last reporting month Steel division accounted for 81% of total Group sales (USD 463M) with EBITDA margin of 21%, Mining disivison – USD 105M of sales (to the thrird parties) with 24% EBITDA margin.
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