OREANDA-NEWS. May 17, 2010. Evraz Group S.A. (LSE: EVR) (“Evraz”) today issued its first quarter of 2010 trading update.

Highlights:
Revenue for the three-month period ended 31 March 2010 was USD 2,970 million
Adjusted EBITDA was USD 424 million with adjusted EBITDA margin of 14.3%
Interest expense was USD 177 million
Total debt as of 31 March 2010 amounted to USD 7,953 million, including USD 2,713 million of short-term loans and current portion of long-term debt
Cash and cash equivalents at the end of the period were USD 793 million
Capital expenditures amounted to USD 160 million
Total steel products sales in the three-month period ended 31 March 2010 amounted to 3.87 million tonnes
Iron ore sales volumes including intersegment shipments totalled 4.2 million tonnes
Coal sales including intersegment shipments were 2.5 million tonnes, including 0.9 million tonnes of raw coking coal, 0.6 million tonnes of steam coal, 0.9 million tonnes of coking coal concentrate and 0.1 million tonnes of steam concentrate

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