In January-June Interpipe received $125.44 million of EBITDA, up by 37.4% YoY.
The pipe segment grew 2.8-fold, to $44.51 million, and railroad wheels – by 62.2%, to $60.23 million.
At the same time in steel manufacture EBITDA fell by 49.1%, to $20.01 million.
Revenue in H1 totaled $557.17 million, up by 2.7%. In particular, railroad wheels sales grew by 29.7%, to $175.56 million, while those of pipes decreased by 6.6%, to $362.8 million.
Gross profit went up by 19.3%, to $161.17 million, and operational profit – almost 3-fold, to $63.57 million.
At the same time because of financial expenses of $72.06 million the company received a net loss of $25.42 million, down by 37.7% YoY. (Ukrainian metal)