28/03/2019

Press release: Acron Releases 2018 RAS Statements

Today, Acron (Moscow Exchange and LSE: AKRN) has released its audited unconsolidated RAS financial statements for 2018.

Key Financials

• Revenue was up 24% year-on-year to RUB 67,754 million (2017: RUB 54,783 million)
• Sales profit was up 71% year-on-year to RUB 22,744 million (2017: RUB 13,310 million)
• EBITDA* was up 56% year-on-year to RUB 27,602 million (2017: RUB 17,705 million)
• EBITDA margin was 41% against 32% in 2017
• Net profit was up 42% year-on-year to RUB 10,810 million (2017: RUB 7,628 million)

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

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