Mechel’s net loss over the first 9 months 2014 made up $1.2 bln
Edited by Rhod Mackenzie / 2014-12-09 02:06:18
Mechel’s revenue over 9 months 2014 made up $5.0 bln, EBITDA - $470 mln.
The net loss of Mechel OJSC on the results of 9 months 2014 fell 46% to $1.223 bln against the same period in 2013. The corrected operational profit of Mechel under IAS in Q3 2014 showed a significant growth by 2.5 times, anyway, on the results of Jan-September this is by 43% less than in Jan-September 2013.
As of September 30th 2014 Mechel’s net debt, not including the financial lease debts, made up $7.84 bln. In Q3 2014 the net debt fell 9% due to the partial settlement of bonds by the offers and a significant devaluation of a rouble.
