OREANDA-NEWS. August 7, 2012. Dorogobuzh (a company of Acron Group) released its unaudited RAS financials for H1 2012.

Financial Highlights

• Revenue was up 5% year-on-year to RUB 8.62 billion (H1 2011: RUB 8.18 billion)

• Sales profit was RUB 2.94 billion, almost no change year-on-year (H1 2011: RUB 2.91 billion)

• EBITDA* was RUB 3.10 billion, almost no change year-on-year (H1 2011: RUB 3.05 billion)

• EBITDA margin was 36% down from 37% year-on-year

• Net profit for H1 2012 was RUB 2.31 billion, down 28% year-on-year (H1 2011: RUB 3.20 billion)

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