In H1, Ferrexpo increased net profit by 65.2%
Edited by Rhod Mackenzie / 2014-08-06 12:22:38
Ferrexpo Finance Metals and mining Ukraine Financial results Ukraine Metals and Mining Iron ore Steel
In H1, Ferrexpo increased its net profit by 65.2% to $208 million, and reduced net revenue by 4% to $758.9 million. EBITDA increased by 32% to $321 million, and pretax profit increased by 65% to $248 million. Capital investment reduced by 10% to $132 million. Dividends remained at a level of 3.3 cents.
Pellets production increased by 2% to 5.369 million tons. The sales increased by 3% to 5.498 million tons.
