Russia: Severstal net profit down in Q1 2019
In January-March, Severstal net profit decreased by 7.2% YoY, to $428 million. EBITDA dropped by 6.1%, to $663 million. Compared with Q4 2018, net profit fell by 26%, and EBITDA – by 16.5%. The group net debt as of March 31, decreased by 30%, to $863 million. (Ukrainian metal)
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