OREANDA-NEWS. On 09 June 2009 was announced, that according to financial statements based on Russian Accounting Standards, in 2008 OJSC PAVA experienced 5.9% growth of EBITDA margin against 2007 figure.

The grain processor was able to improve its profitability due to considerable rise in export sales (84%) and increased consumer-size flour sales (8%). Optimizing business processes and enhancing cost controls was another factor for the positive dynamics of EBITDA margin.