In 2017 Pipe Metal Company increased EBITDA by 14.2% YoY, to $605 million.
According to the company statement, revenue grew by 31.6%, to $4.394 billion.
TMK did not disclose the amount of its net profit.
“We expect EBITDA to increase this year because of the further growth of our American division results”, TMK said.
In 2017 TMK sold 3.806 million rubles worth of steel pipes, up by 10.6% YoY. (Ukrainian metal)