The Ukrainian Metal

Russia: Mechel revenue down in Q3 2019

In July-September Mechel received 74.9 billion rubles of revenue, down by 5% QoQ and by 6% YoY.

In 9 months revenue decreased by 4% YoY, to 228.2 billion rubles.

EBITDA in Q3 dropped by 9% QoQ and by 29% YoY, to 15 billion rubles.

Losses accountable to the shareholders in July-September amounted to 571 million rubles as opposed to a profit of 6.3 billion rubles last year. (Ukrainian metal)

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