OREANDA-NEWS. Dorogobuzh (a company of the Acron Group) released its unaudited consolidated condensed IFRS financial statements for H1 2013.

Financial Highlights

Revenue totalled RUB 9.144 billion, up 5% year-on-year (H1 2012: RUB 8.690 billion).

EBITDA* decreased 4% to RUB 2.937 billion against RUB 3.050 billion in H1 2012.

EBITDA margin was 32%, down from 35% year-on-year.

Net profit was RUB 2.381 billion, down 5% year-on-year (H1 2012: RUB 2.502 billion).

*EBITDA is calculated as operating profit plus depreciation and amortisation, profit (loss) from currency exchange and other non-cash and non-standard items.