In January-June the net profit of Metalloinvest totaled $870 million, up by 48.7% YoY.
Revenue grew by 24.6%, to $3.779 billion, EBITDA – by 40.5%, to 1.491 billion, while net debt dropped by 6.1%.
The company has refinanced its pre-export financing at $240 million due to attracting a new PXF-2018 loan.
Metalloinvest has also signed a loan agreement on 72 million euro with Credit Agricole CIB to finance the machinery purchases. (Ukrainian metal)