In January-March, Metinvest decreased revenue by 11% YoY, to $2.536 billion.
The decrease was mostly due to the drop in sale prices following global decrease, as well as the influence of the COVID-19 pandemic on the business activity and demand for steel.
Revenue in Ukraine decreased by 6%, to $726 million.
At the same time, Ukraine’s share in consolidated revenue grew by 2%, to 29%.
Overall EBITDA totaled $373 million, down by 14%. (Ukrainian metal)