Skip to main content

Acron's 1H19 EBITDA up 42%

Published by
World Fertilizer,


Acron has released its non-consolidated RAS financial statements for 1H19.

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

Rabobank expects fertilizer prices to remain low over next six months

The plummeting cost of raw materials, growing production capacity, and mediocre demand have pressured global price indicators of nitrogen, phosphate, and potash to fall either to or near ten-year lows, according to Rabobank’s Semi-Annual Global Fertilizer Outlook.

 
 

Embed article link: (copy the HTML code below):