In 2016 VSMPO-Avisma received 26.633 billion rubles of net profits, up 1.8-fold YoY. Revenues increased by 4.9%, to 76.2 billion rubles, sales profits – by 1.4%, to 30.27 billion rubles.
The company fixed liabilities dropped by 15.9%, to 41.495 billion rubles, current liabilities – by 16.1%, to 31.672 billion rubles.
By 2021 the company intends to increase titanium output to 32 thousand tons per year. In 2017 VSMPO-Avisma plans to keep output levels at 28-29 thousand tons. (Ukrainian metal)
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