The Ukrainian Metal

Ukraine: Metinvest EBITDA up in January-September 2018

In January-September Metinvest increased EBITDA by 47% YoY, to $2.01 billion.

The increase is due to the growth of metal segment profitability by $749 million.

Mining EBITDA dropped by $146 million, while corporative expenses decreased by $39 million.

The share of the metal segment in EBITDA reached 54% (26% in 9 months of 2017), and mining segment – 46% (47%).

The consolidated revenue in 9 months grew by 46%, to $9063 million, with revenue in Ukraine up by 57%, to $2.52 billion.

Metal segment increased revenue by 52%, to $7.71 billion, and mining – by 19%, to $1.35 billion.

The group consolidated debt as of September 30 has dropped by 5% since the start of the year, to $2.86 billion. (Ukrainian metal)

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