The Ukrainian Metal

Ukraine: Ferrexpo repays bills for $173 million

Ferrexpo plc, controlling Poltava and Yeristovo Mining and Processing Works, has paid bills for the combined amount of $173 million.

Ferrexpo is expected to get EBITDA of $500 million in 2018 as opposed to $551 million in 2017.

In January-June 2018 its net profit fell by 29.4% YoY, to $152.21 million, while its revenue grew by 4.4%, to $616.72 million. (Ukrainian metal)

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