In H1, net profit of Evraz grew by 26.7% to $19 million
Edited by Rhod Mackenzie / 2015-08-27 07:29:06
The mining company Evraz has published a report stating that the company's net profit under IAS in the first six months of 2015 increased by 26.7% to $19 million. The consolidated EBITDA made up $922 million (In the same period of the previous year it was $1.08 billion). The company’s revenue decreased by 28% to $4.9 billion. It is noted that Evraz expects an increase in the demand for steel in Russia in the second half of the year against the background of improved credit conditions and infrastructure projects.
