OREANDA-NEWS  On 24 November JSC Dorogobuzh (a member of Acron Group) announced its unaudited results for the 9 months ended September 30, 2008.

9 Months Highlights:

Financials:

• Revenue reached RUB 8,372 million, up 53 per cent year-on-year against RUB 5,466 million;

• EBITDA* grew 215 per cent to RUB 3,871 million, against RUB 1,230 million in nine months of 2007;

• EBITDA margin surged to 46 per cent, against 23 per cent in nine months of 2007;

• Net profit for the period amounted to RUB 3,100 – up 272 per cent from RUB 833 million in nine months of 2007.

• Earnings per ordinary and preferred share surged 272 per cent to reach RUB 3.54 against RUB 0.95 in nine months 2007.

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

Detailed information are available here.