2 Apr 2013 11:23
Metalloinvest EBITDA down 34%, net profit up 20% in 2012
MOSCOW. April 2 (Interfax) - Metalloinvest saw its earnings before taxes, depreciation and amortization (EBITDA) plummet 34.1% in 2012 to $2.55 billion, the iron ore and steel holding said in a presentation.
However net profit to International Financial Reporting Standards (IFRS) grew, by 20.4% to $1.72 billion.