In January-September Severstal received $792 million of net profits, down by 39.4% YoY.
EBITDA grew by 31.8%, to $1.823 billion, revenue – by 32.9%, to $5.67 billion.
In Q3 net profits increased 2.2-fold QoQ, to $297 million. EBITDA dropped by 2.1%, to $616 million, revenue grew by 2.1%, to $1.972 billion.
As of September 30, the group’s net debt was $703 million, decreasing by 15% in Q3. (Ukrainian metal)