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Dorogobuzh Q1 2016 RAS net profit increased 49%

Today, Dorogobuzh (a company of Acron Group) has released its unconsolidated RAS financial statements for the first quarter of 2016. 

Financial Highlights 

• Revenue was up 9% year-on-year to RUB 7,189 million (Q1 2015: RUB 6,618 million) 
• Return on sales decreased by 11% year-on-year to RUB 2,641 million (Q1 2015: RUB 2,972 million) 
• EBITDA* was down 11% year-on-year to RUB 2,777 million (Q1 2015: RUB 3,104 million) 
• EBITDA margin was 39% against 47% in Q1 2015 
• Net profit was up 49% year-on-year to RUB 3,252 million (Q1 2015: RUB 2,182 million) 

 *EBITDA is calculated as return on sales plus depreciation and amortisation.