OREANDA-NEWS. On March 28, 2014 Dorogobuzh (member of Acron Group) released its audited RAS statements for 2013.

Financial Highlights

• Revenue totalled RUB 17.36 billion, up 15% year-on-year (2012: RUB 15.1 billion)

• Sales profit was RUB 4.47 billion, up 3% year-on-year (2012: RUB 4.35 billion)

• EBITDA* increased 5% to RUB 4.9 billion against RUB 4.68 billion in 2012

• EBITDA margin was 28% against 31% in 2012

• Net profit totalled RUB 4.03 billion, down 5% from RUB 4.24 billion in 2012.

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