31/10/2018

Press release: Acron 9M 2018 RAS EBITDA Increases 50%

Today, Acron (Moscow Exchange and LSE ticker AKRN) has released its unconsolidated RAS financial statements for the first nine months of 2018.

 

Key Financials
  • Revenue was up 19% year-on-year to RUB 46,654 million (9M 2017: RUB 39,218 million)
  • Sales profit was up 66% year-on-year to RUB 13,910 million (9M 2017: RUB 8,394 million)
  • EBITDA* was up 50% year-on-year to RUB 17,595 million (9M 2017: RUB 11,711 million)
  • EBITDA margin was 38% against 30% in 9M 2017
  • Net profit was RUB 1,697 million, including an effect of foreign exchange loss in the amount of RUB 5,347 million and loss of RUB 548 million due to a mark-to-market revaluation of Acron’s financial investments. The adjusted net profit excluding these items was up 2.2 times year-on-year to RUB 7,592 million (9M 2017: RUB 3,411 million).
 
*EBITDA is calculated as return on sales plus depreciation and amortisation.

The full version of Acron Group’s financial statements is available at www.acron.ru/en
 
 Download (in Russian)


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