Skip to main content

Acron 9M 2018 RAS EBITDA increases 50%

Published by
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

Borealis and VERBUND are planning a joint green hydrogen project

The green hydrogen will be used to produce fertilizers, melamine and technical nitrogen at Borealis operations in Linz, Austria. The electrolysis plant is scheduled to commence operations in 2025, with projected annual CO2 emissions reductions of up to 90 000 t.

 
 

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