OREANDA-NEWS. Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies (jointly referred to as “Metinvest” or “the Group”), published a trading update for the first nine months ended 30 September 2013.

(USD Million)

9M 2013

9M 2012

Change

Revenues

9,805

9,777

0%

EBITDA

1,809

1,539

18%

Margin

18%

16%

2 pp

Net Profit

463

428

8%

Margin

5%

4%

1 pp

Capital Expenditure

426

565

-25%

In 9M 2013, Metinvest's consolidated revenues remained broadly stable year-on-year (y-o-y) and totaled USD 9,805 million. The Metallurgical division accounted for 76% of external sales (74% in 9M 2012) and the Mining division for 24% (26% in 9M 2012).