OREANDA-NEWS. HMS Group plc (the “Group”) (LSE: HMSG), the leading pump and compressor manufacturer and provider of flow control solutions and related services in Russia and the CIS, today announces its financial results for 6 months ended June 30, 2015.

6 months 2015 HIGHLIGHTS:

  • Backlog went down by 22% yoy to Rub 23.8 billion, while order intake declined by 20% yoy to Rub 14.9 billion
  • For standard equipment only, backlog grew by 1% yoy, and order intake increased by 14% yoy
  • Revenue of Rub 16.6 billion grew by 29% yoy
  • EBITDA1 totaled Rub 3.4 billion, up more than twofold, with EBITDA margin of 20.3%
  • Operating profit increased threefold to Rub 2.3 billion with margin at 14.1%
  • Profit for the period reached Rub 1.1 billion vs. negative Rub 0.2 billion for 6 months 2014
  • Total debt grew by 12% yoy to Rub 16.1 billion from Rub 14.5 billion
  • Net debt increased by 20% yoy to Rub 14.7 billion resulting in Net debt-to-EBITDA LTM ratio of 2.11x vs. 2.56x for 6 months 2014
  • Return on capital employed (ROCE)2 increased to 17.4% vs. 10.8% for the comparative period