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Acron’s 9M 2021 RAS EBITDA More Than Triples

Today, Acron (MOEX-RTS and LSE: AKRN) has released its non-consolidated RAS financial statements for 9M 2021.

Key Financials

  • Revenue was up 78% year-on-year to RUB 86,325 million (9M 2020: RUB 48,542 million).

  • Sales profit increased almost fourfold year-on-year to RUB 45,248 million (9M 2020: RUB 11,596 million).

  • EBITDA* was up 3.1 times year-on-year to RUB 49,269 million (9M 2020: RUB 15,832 million).

  • EBITDA margin reached 57%, up from 33% for 9M 2020.

  • Net profit was RUB 55,340 million (9M 2020: loss of RUB 5,655 million).

*EBITDA is calculated as sales profit plus depreciation and amortisation of fixed and non-tangible assets. assets.