28 May 2014 13:11

Rostelecom planning to keep 2014 OIBDA margin level with 2013

MOSCOW. May 28 (Interfax) - OJSC Rostelecom is expecting operating income before depreciation and amortization (OIBDA) margin in 2014 to be level with 2013, Rostelecom CFO Kai-Uwe Mehlhorn said during a conference call with analysts on Tuesday.

The company saw OIBDA margin decline to 34.8% in 2013 from 36.2% in 2012. OIBDA fell by 6% last year to 113.3 billion rubles.