12 Apr 2011 17:14
Raspadskaya could double 2010 IFRS earnings to $247 mln - analysts
MOSCOW. April 12 (Interfax) - Russian coking coal producer Raspadskaya could have more than doubled net profit to International Financial Reporting Standards (IFRS) to $247 million in 2010, analysts told Interfax in a consensus forecast.
However H2 2010 results range from $58 million losses to $91 million profit for a median of $19 million profit, down 91.7% from H1 2010 and 85.1% from H2 20009 due to the accident that put its flagship in out of operation in May.
Consensus forecast for Raspadskaya, $ mln:
| Analysts | Sales revenue | EBITDA | Net profit/loss | |
| Deutsche Bank | 197 | 133 | 91 | |
| JPMorgan | 238 | 61 | 3 | |
| Morgan Stanley | 250 | 150 | 74 | |
| UBS | 239 | 60 | -58 | |
| Unicredit Securities | 230 | 83 | 16 | |
| Alfa-Bank | 231 | 96 | 17 | |
| Bank of Moscow | 241 | 94 | -5 | |
| BrokerCreditService | 238 | 138 | 59 | |
| VTB Capital | 265 | 122 | 30 | |
| Otkritie | 240 | 69 | -15 | |
| Renaissance Capital | 232 | 81 | 4 | |
| Troika Dialog | 234 | 63 | 23 | |
| Uralsib Capital | 240 | 65 | 11 | |
| Consensus | 237 | 93 | 19 | |
| H1 2010 | 466 | 259 | 228 | |
| H1 2010/H1 2010 | -50% | -64.3% | -91.6% | |
| H1 2009 | 349 | 192 | 128 | |
| H2 2010/H2 2009 | -32.2% | -52.4% | -85.1% | |
| 2010 (forecast) | 703 | 352 | 247 | |
| 2009 (result) | 497 | 255 | 117 | |
| 2010/2009 | +41.4% | +38.2% | +110% |
It is expected Raspadskaya will unveil the results on April 13.
