Acron 9M 2018 RAS EBITDA increases 50%
Published by Robyn Wainwright,
Assistant Editor
World Fertilizer,
Acron has released its unconsolidated RAS financial statements for the first nine months of 2018.
- Revenue was up 19% y/y to RUB46 654 million (9M 2017: RUB39 218 million).
- Sales profit was up 66% y/y to RUB13 910 million (9M 2017: RUB8394 million).
- EBITDA* was up 50% y/y to RUB17 595 million (9M 2017: RUB11 711 million).
- EBITDA margin was 38% against 30% in 9M 2017.
- Net profit was RUB1697 million, including an effect of foreign exchange loss in the amount of RUB5 347 million and loss of RUB 548 million due to a mark-to-market revaluation of Acron’s financial investments. The adjusted net profit excluding these items was up 2.2 times y/y to RUB7592 million (9M 2017: RUB3411 million).
Read the article online at: https://www.worldfertilizer.com/special-reports/01112018/acron-9m-2018-ras-ebitda-increases-50/
You might also like
OCP and Maaden sell MAP and TSP to Latin America
Argus Media has reported that Maaden and OCP have seen increased sales of MAP and TSP to the Latin American region.