7 Dec 2011 16:40
Severstal's EBITDA to increase 50% to $1.1 bln for Q3 - consensus forecast
MOSCOW. Dec 7 (Interfax) - Analysts at 11 investment companies and banks surveyed by Interfax expect OJSC Severstal's EBITDA for the third quarter of this year to increase by 50% year-on-year to $1.1 billion.
The consensus forecast puts Severstal's consolidated sales revenue for the third quarter at $4.7 billion, up 20% year-on-year and 7% above the previous quarter. Net profit, including losses from exchange rate differences, is forecast at $414 million (up 13% year-on-year and down 31% from the second quarter).
Severstal plans to publish the results on Thursday, December 8.
Severstal's forecast IFRS financial results for Q3 2011 (in mlns of $):
| Investment bank or company | Sales revenue | EBITDA | Net Profit |
| ING | 4 754 | 1 132 | 415 |
| UBS | 4 755 | 1 070 | 370 |
| UniCredit | 4 432 | 1 050 | 548* |
| Alfa-Bank | 4 833 | 1 098 | 592* |
| BCS | 4 421 | 1 072 | 562* |
| VTB Capital | 4 861 | 1 174 | 703* |
| Metropol | 4 761 | 1 088 | 430 |
| Otkritie | 4 747 | 1 121 | 403 |
| Renaissance Capital | 4 718 | 1 138 | 441 |
| Troika Dialog | 4 786 | 1 121 | 463* |
| Uralsib Capital | 4 740 | 1 126 | 425 |
| Consensus | 4 710 | 1 108 | 414 |
| Q2 2011 | 4 383 | 1 109 | 602 |
| Q3 2010 |