In January-June, Interpipe decreased steel output by 36% YoY, to 286 thousand tons. Railroad products output dropped by 50%, to 40 thousand tons, and pipes – by 19%, to 205 thousand tons. In Q2, Interpipe produced 123 thousand tons of steel, down by 24.5% QoQ, and 110 thousand tons of pipes, up by 17%. Railroad…
In January-June, Interpipe received $19.53 million of net profit, down by 33.8% YoY. Profit before taxation dropped by 51%, to $24.9 million. EBITDA fell by 54.7%, to $50.43 million. Revenue decreased by 9.9%, to $595.64 million. (Ukrainian metal)
In January-June, Interpipe decreased net profit by 33.7% YoY, to $19.53 million. Sales revenue grew by 0.2%, to $461.44 million. EBITDA dropped by 54.7%, to $50.4 million. Capex totaled $9.02 million, down by 71%. Net debt grew 4.8-fold, to $2.42 million. (Ukrainian metal)
The cost of transporting Interpipe products to clients has increased 2.5-3.5-fold compared with pre-war times. “The figures depend on transport schemes. While before the war logistics expenses accounted for 3-4% in the product prime cost, now they have increased at least 2.5-fold,” the company CEO Andrey Korotkov has said. The products in the ports of…
At the International conference on the restoration of Ukraine in Lugano, Interpipe together with other Ukrainian and international businesses discussed the issues of food and energy security, after-war restoration of economy and future investments. The director of the railroad division Alexander Garkaviy raised one of the most pressing issues for Ukrainian exporters – logistics. “The…
For the first time since the start of the war, Interpipe has mastered the production of a new wheel type for the European Union market. The work began before the war. The main order of the customer was a special shape of the wheel disc with the diameter of 840 mm. This is the category…
In January-March, Interpipe EBITDA fell by 63% YoY, to $15 million. Steel manufacture dropped by 16%, to 163 thousand tons, pipes – by 12%, to 97 thousand tons, and railroad products – by 43%, to 23 thousand tons. Sales decreased by 10%, to 140 thousand tons. At the same time, income grew by 19%, to…
Interpipe has provided aid valued at UAH 2.4 million to the Armed Forces in the Dniepropetrovsk region, where a lot of its mobilized employees serve. In particular, the company has provided spare parts for the repair of cargo machinery – tyres, accumulators and additional tools. That’s what the defenders usually ask for, as the machines…