In 2016 Ferrexpo received $189.2 million of net profits, up 6-fold YoY, with revenue up by 2.6%, to $986.33 million.
According to the company statement, its EBITDA increased by 20%, to $375 million. At the same time its net debt decreased by 32% YoY, to $589 million.
Capital investments last year dropped by 25%, to $48 million.
Pellets output decreased by 4%, to 11.2 million tons, but sales increased by 3%, to 11.697 million tons. (Ukrainian metal)
