OREANDA-NEWS. MMK Metalurji's revenue for Q3 2015 was USD 132 million, down 13.2% q-o-q. This reduction was due to lower sales volumes during the quarter, as well as lower prices on the Turkish market.

MMK Metalurji's EBITDA for Q3 2015 amounted to USD 12 million, down by just USD 2 million q-o-q.

The coal segment's total revenue for Q3 2015 amounted to USD 53 million, down 22.1% q-o-q. This decline was due to the rouble devaluation during the quarter, resulting in lower sales prices in dollars.

Revenue for 9M 2015 amounted to USD 164 million, down 20.4% y-o-y. EBITDA in Q3 2015 fell slightly q-o-q to USD 16 million. However, EBITDA in 9M 2015 increased by more than 13x y-o-y due to the positive effect of the rouble depreciation on the Company's expenses, as well as growth in domestic prices for coking coal in early 2015.