In 2017 Evraz received $759 million of net profit as opposed to $188 million of losses in 2016.
According to the company statement, its consolidated EBITDA grew by 70.2% YoY, to $2.624 billion. Revenue increased by 40.4%, to $10.827 billion.
“The board of directors, on the basis of strong financial conditions of the company and a positive forecast of key markets development, decided to pay the second interim dividends in the volume of $429.6 million ($0.3 per share)”, the company said.
Last year the prime cost of slabs increased to $247 per ton from $183 per ton in 2016, coking coal – from $30 to $42 and iron ore raw materials – from $26 per ton to $34 per ton. (Ukrainian metal)
