In 2012, TMK decreased net profit by ISA by 27% to $282 million

In 2012, TMK decreased its net profit by ISA by 27% to $282 million, compared to $385 million in 2011. The index is worse than the consensus forecast elaborated by the Prime Agency under the results of the analysts’ review who awaited a net profit of $333 million. Revenue declined by 1% from $6.754 billion to $6.688 billion. Corrected EBITDA reduced by 1% from $1.050 billion to $1.040 billion. The analysts awaited revenue of $6.707 billion and EBITDA of $1.051 billion.

Translated by Nadezhda Poltoratskaya

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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