OREANDA-NEWS. August 06, 2008. In 2006 the metric amounted to USD 130 mn or RUB 3.5 bn based on the average annual exchange rate which stood at RUB 27.19/USD.

In this case the car maker's net income rose 4%, which is below expectations.

The company's revenue amounted to RUB 187.5 bn in 2007, up 4% y-o-y. 77% of aggregate revenue was generated by cars and in-house auto components, flat y-o-y. EBITDA came in at RUB 16.9 bn in the reporting period, which is slightly below the market consensus of equity research analysts - RUB 16.8 bn or USD 619.5 mn. EBITDA margin stood at 9% and net margin reached 2%.

Sales generated RUB 187.54 bn, up 4.2% year-on-year. In 2007 the company's car output advanced 3.9% on 2006 to 735,897 units.