OREANDA-NEWS. FESCO Group, the largest intermodal transportation group in Russia (RTS: FESH), announced its audited consolidated IFRS financial results for the twelve months ended December 31, 2006.
 
Volume of consolidated container operations has more than tripled year on year from 517,000 TEU to 1,8 million TEU.

Consolidated revenues increased by 7% year on year from US$ 541 million to US$ 577 million. Group EBITDA increased by 52% from US 73,7 million to US$ 112 million.

Net profit increased six-fold year on year from US$ 11,3 million to US$ 68,9 million.

Net profit from continuing operations was up 55% year on year from US$ 20,7 million to US$ 32 million.