Acron's 1H19 EBITDA up 42%
Published by Nicholas Woodroof,
Editor
World Fertilizer,
Key financials
- Revenue was up 24% y/y to RUB 36 095 million (1H18: RUB 29 209 million).
- Sales profit was up 52% y/y to RUB 11 479 million (1H18: RUB 7572 million).
- EBITDA* was up 42% y/y to RUB 14 160 million (1H18: RUB 10 007 million).
- EBITDA margin was 39%, against 34% for 1H18.
- Net profit was RUB 14 005 million, including an exchange difference and a mark-to-market revaluation of Acron’s financial investments, which affected this and the previous reporting periods. The adjusted net profit excluding these items increased by factor 2.3 to RUB 9855 million against RUB 4293 million in 1H18.
*EBITDA is calculated by Acron as sales profit plus depreciation and amortisation.
Read the article online at: https://www.worldfertilizer.com/nitrogen/01082019/acrons-1h19-ebitda-up-42/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Técnicas Reunidas initiates scope for Green Hydrogen and Green Ammonia production facilities in Australia
Te´cnicas Reunidas and Allied Green Ammonia have agreed to commence the first phases of a Green Hydrogen and Green Ammonia production facilities at Northern Territory, Australia.
