Today Dorogobuzh (a company of Acron Group) has released its unaudited IFRS consolidated condensed financial statements for 9M 2014.
Financial Highlights
• Revenue totalled RUB 12,206 million, down 10% year-on-year (9M 2013: RUB 13,495 million)
• EBITDA* was down 29% to RUB 2,777 million year-on-year (9M 2013: RUB 3,893 million)
• EBITDA margin was 23%, down from 29% year-on-year
• Net profit was RUB 2,204 million, down 34% year-on-year (9M 2013: RUB 3,338 million)
* EBITDA is calculated as operating profit adjusted for depreciation and amortisation, Forex gains or losses, and other non-monetary and non-core items.
Full version of financial statements is available at www.acron.ru/en.