Today Dorogobuzh (Acron Group’s company) releases its non-audited RAS financial statements for H1 2011.
Financial Highlights
• Revenue totalled RUB 8.18 billion, up 42% year-on-year (H1 2010: RUB 5.75 billion)
• Sales profit more than doubled year-on-year to RUB 2.91 billion (H1 2010: RUB 1.36 billion)
• EBITDA* more than doubled year-on-year to RUB 3.1 billion (H1 2010: RUB 1.48 billion)
• EBITDA margin was 37%, up from 26% in H1 2010
• Net profit increased by the factor 4.2 to RUB 3.2 billion against RUB 0.76 billion year-on-year.
*EBITDA is calculated as operating profit (sales profit) plus depreciation and amortisation.