OREANDA-NEWS  On 22 October JSC Dorogobuzh (a part of Acron Group) announced its unaudited results the six months ended June 30, 2008.

1H Highlights:

Financials:

Revenue reached RUB 5,622 million, up 57 per cent year-on-year against RUB 3,589 million;

EBITDA* grew 196% to RUB 2,502 million, against RUB 844 million in H1 2007;

EBITDA margin surged to 45%, against 24% in H1 2007;

Net profit for the period amounted to RUB 2,091 – up 279% from RUB 551 million in H1 2007.

*EBITDA is calculated as operating profit plus depreciation and amortisation.

Detailed information are available here.