In 2020, Interpipe decreased its revenue by 25% YoY, to $841 million.
Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth of the steel segment 2-fold, to $79 million.
EBITDA in Q4 2020 could fall by 39% QoQ, to $41 million, with pipe EBITDA down by $5 million, steel by 47%, to $13 million, and railroad up by 10%, to $32 million.
Revenue in Q4 2020 could decrease by 6%, to $181 million. Revenue from the sale of seamless pipes is expected to drop by 10% QoQ, to $92 million, and welding pipes by 14%, to $13 million. At the same time, railroad sales revenue could grow by 7%, to $69 million. (Ukrainian metal)