Trade Resources Industry Trends The Net Deficiency of Evraz About $122 Million for H1

The Net Deficiency of Evraz About $122 Million for H1

Russian mining and steel producing company Evraz Group has announced its unaudited interim results for the six months ended 30 June 2013.

In the given period, Evraz registered a consolidated revenue of about $7.362 billion, decreasing 3.4 percent compared to the same period of last year. Consolidated EBITDA of Evraz for the first six months was $939 million, down 20.7 percent year on year. In the January-June period, the group's net loss amounted to $122 million, compared to a net loss of $46 million at the same period of 2012. The company's net debt as of June 30, 2013 amounted to $7.043 billion, increasing 10.5 percent from the net debt at the end of 2012.

Source: http://www.steelorbis.com/steel-news/latest-news/evraz-posts-net-loss-of-122-million-for-h1-779898.htm
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Evraz Posts Net Loss of $122 Million for H1
Topics: Metallurgy