TMK Announces 1H 2007 Reviewed IFRS Results
OREANDA-NEWS. On September 27, 2007 OAO “TMK” (TMK), one of the world’s largest oil and gas pipe producers and the market leader of the Russian pipe industry, announced its reviewed IFRS financial results for the six months ended June 30, 2007, reported the press-centre of TMK.
1H 2007 Highlights
Financials:
Revenue grew by 28% to USD 2,030.0 million
Gross profit came in at USD 657,9 million, an increase of 30% compared to first half 2006 results.
EBITDA up 27% to USD 499,5 million as a result of a strong pricing environment and increasing operating efficiency
Full report see here: http://www.tmk-group.com/news.php?act=show_news_item&id=588
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