In Q3 Severstal received $429 million of net profits, without non-monetary factors net profits totaled $449 million.
In January-September Severstal’s net profits almost doubled to 1.3 billion rubles. EBITDA increased in Q3 by 11% QoQ, to $584 million.
Revenues in Q3 dropped by 0.5% to $1.58 billion. In January-September revenues decreased by 14.7% YoY, to $4.26 billion. (Ukrainian metal)