OREANDA-NEWS. October 31, 2011. Dorogobuzh (Acron Group’s company) released its non-audited RAS financial statements for M9 2011.

Financial Highlights

• Revenue totalled RUB 12.44 billion, up 61% year-on-year (M9 2010: RUB 7.73 billion).

• Sales profit increased by the factor 3.2 year-on-year to RUB 4.63 billion (M9 2010: RUB 1.44 billion).

• EBITDA* climbed by the factor 3.0 to RUB 4.85 billion against RUB 1.63 billion in the same period last year.

• EBITDA margin was 39%, up from 21% in M9 2010.

• Net profit increased by the factor 3.1 to RUB 4.33 billion against RUB 1.41 billion year-on-year.

*EBITDA is calculated as operating profit (sales profit) plus depreciation and amortisation.