The Ukrainian Metal

Russia: Mechel profit up in 2018

In 2018 the profit of Mechel, attributable to shareholders, reached 12.63 billion rubles, up by 9% YoY.

Revenue increased by 5%, to 312.57 billion rubles, but EBITDA dropped by 7%, to 75.67 billion rubles.

In the mining segment the revenue decreased by 3%, to 96.88 billion rubles, but in metal segment it grew by 9%, to 188 billion rubles, and in power segment – by 6%, to 27.77 billion rubles.

In Q4 2018 the combined profit dropped by 74%, to1.63 billion rubles, and revenue – by 5%, to 75.57 billion rubles. (Ukrainian metal)

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