Stirol Increased Sales by 18,6%
OREANDA-NEWS. On 13 February 2008 was announced, that during 12 months Stirol increased sales of urea by 24,2 % (1 billion 36,5 million. hryvnas), granulated ammonium nitrate by 7,8 % (384,7 million hryvnas), urea-ammonia solutions by 228,4% (118,5 million hryvnas), sodium nitrate by 27,9% (23,6 million hryvnas), sodium nitrite by 5,3% (12,5 mln. hryvnas), sulphuric acid by 22,7% (19,7 mln. hryvnas), polystyrene by 15,3% (303,0 mln. hryvnas), amino resins by 25,8% (48,2 mln. hryvnas), pharmaceutical products by 19,8% (60,6 mln. hryvnas), packing materials by 35,6% (36,0 mln. hryvnas). During 2007 it was sold also ammonia on sum 665 million 572 thousands hryvnas
During period of December 2007- January 2008 it was produced 111243 t of urea-ammonia solutions (growth was 219,1%), 21689 t sodium nitrate (+26,0%), 33780 t of polystyrene (+0,3%), 41875 t of amino resins (+ 4,5%), 136632 t of sulphuric acid (+0,4%), 956,9 t of paint and varnish products (+72,0%), 458979 thousand items of packing materials (+6,3 %) and it was processed 14806,6 t pf plastic (+25,4 %). During 12 months it was manufactured 1 billion 46 million 626 thousand pieces of pharmaceutical products (+57,5%).
During year company increased export volume by 17,5%. In 2007 export volume of "Stirol" comparing to 2006 increased, for urea growth was 23%, for urea-ammonia solutions - 221,5%, polystyrene — 35,8%, sodium nitrate - 38,7%, sodium nitrite —5,7%, amino resins —52,7%.
Work output per employee of main company was 481,5 thousands US dollars (growth 9,5% comparing to last year).
Gross revenue of the Company in 2007 increased by 627 mln.157 thousands hrynvas (18,6% growth). Earnings of the Company before Interest, Taxes, Depreciation and Amortization (EBITDA) went up by 55 mln 899 thousands hryvnas from 308 mln. 101 thousands hryvnas in 2006 to 364 mln. hryvnas in 2007 (18,1% growth). Earnings of the Company before Interest and Taxes (EBIT) increased by 50 mln. 939 thousands hryvnas from 229 mln. 061 thousands hryvnas in 2006 to 280 mln. hryvnas in 2007 (+22,2%). In 2007 Free Operating Cash Flow (FOSF) increased by 61,3% from 267 mln. 246 thousands hryvnas (2006) to 431 mln. hryvnas (2007).
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