Revenue of Metinvest fell by almost 30% in Q1
Edited by Rhod Mackenzie / 2016-07-13 04:58:42
In Q1 2016 the consolidated revenue of Metinvest made up $1.29 bln, by 29.3% or $534 mln lower than in Q1 2015.
In Q1 2016 Metinvest also reduced EBITDA by 65.4$ or $223 mln to $118 mln against Q1 2015.
CAPEX of Metinvest in Q1 grew by 42.1% or $16 mln to $54 mln against Q1 2015.
As of March 31st 2016 the net debt of the group fell by 2% to $2.72 bln against Q1 2015.
Metinvest ended 2015 with the loss of $1 bln (2014 net profit of $159 mln).
In 2015 the loss of the main activity made up $686 mln against the profit from the main activity of $1.1 bln in 2014.
The revenue of Metinvest in 2015 fell by 35.3% or $3.73 bln to $6.83 bln against 2014.
