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Evraz posts net profit of $1 million for H1

Wednesday, 27 August 2014 15:14:35 (GMT+3)   |  
       

Russian mining and steel producing company Evraz Group has announced its unaudited interim results for the six months of the current year.

In the given period, Evraz registered a consolidated revenue of about $6.805 billion, decreasing by seven percent compared to the same period last year. The consolidated EBITDA of Evraz for the first six months this year was $1.080 billion, up 17 percent year on year. In the given period, the group's net profit amounted to $1 million, compared to a net loss of $146 million in the same period of 2013. The company's net debt as of June 30 this year amounted to $6.095 billion, decreasing seven percent from the net debt at the end of 2013.


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