CZP's net profit to IFRS grows 22% in H1 2011

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CZP's net profit to IFRS grows 22% in H1 2011 - consensus forecast

MOSCOW. Oct 11 (Interfax) - Analysts from investment companies and banks polled by Interfax expect the Chelyabinsk Zinc Plant's (CZP) H1 2011 net profit to grow 22% year-on-year to 826 million rubles.

Consolidated sales revenue to IFRS is expected to be 6.199 billion rubles, a 10% year-on-year increase. EBITDA is expected to be 1.507 billion rubles, a 7% year-on-year increase, the consensus forecast said.

Forecast of CZP's financial indicators for H1 2011 IFRS, mln rubles:

Investment bank or company	Sales revenue	EBITDA	Net profit
RMG	6 120	1530	840
Nord Capital	6 000	1500	700
Brokercreditservice	6 423	1556	941
Finnam	6 254	1440	822
Consensus	6 199	1 507	826
H1 2011	5 615	1413	678
2011 / 2010	10%	7%	22%

CZP is expected to publish its H1 2011 financial results to IFRS on October 12.