26 Mar 2013 11:50

NLMK US GAAP EBITDA drops 19% to $390 mln in Q4 2012

MOSCOW. March 26 (Interfax) - OJSC Novolipetsk Steel (NLMK) made $390 million in earnings before interest, taxes, depreciation, and amortization (EBITDA) to US GAAP in the last quarter of last year, which was 19% less than in Q4 2011, the company reported.

Analysts at investment companies and banks surveyed by Interfax were expecting EBITDA of $366.14 million for the three months.