The Ukrainian Metal

Ukraine: Metinvest EBITDA positive in September 2016

In September Metinvest decreased its corrected EBITDA by 3.75% MoM, to $128 million.

Thus, Metinvest has been showing positive EBITDA for 8 consecutive months.

From November 2015 till January 2016 its EBITDA was negative.

The group revenue in September totaled $565 million, up from $555 in August. The corrected EBITDA of the metal division for September was $77 million ($73 million in August), of the mining division reached $63 million ($66 million). (Ukrainian metal)

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