LSR Group Publishes Full Year 2013 Financial Results
OREANDA-NEWS. March 28, 2014. In 2013 LSR Group generated RUB 65,316m of revenues and RUB 14,156m of EBITDA
Sales revenue increased by 7%, up to RUB 65,316m
EBITDA increased by 6%, up to RUB 14,156m
EBITDA margin was 22%
Total comprehensive income increased by 8%, up to RUB 5,321m
Earnings per share amounted to RUB 50.58
Total debt reduced by 14%
Net debt/EBITDA ratio decreased from 2.7 to 2.0
Aleksandr Vakhmistrov, CEO and Chairman of the Executive Committee of LSR Group comments:
In 2013, we not only recorded growth of our key financial results but also increased margins in certain businesses, successfully completed several investment projects, maintained and strengthened our positions in the strategic markets and significantly decreased the company’s debt.
In 2013, we generated sales revenue of RUB 65,316m, up 7% year-on-year. Our EBITDA increased by 6% to reach RUB 14,156m. EBITDA margin remained 22%. The company’s total debt reduced by 14%.
Therefore, we are happy with 2013 results and are definitely optimistic about the company’s performance in 2014.