Veles Capital Released Daily Russian Market Review
OREANDA-NEWS. November 17, 2009. Veles Capital released daily market review:
Evraz Group reduced the sales within 9 months by 2.4 times to the level of 7.1 bn USD. Evraz Group by the results of operating within 9 months of 2009 gained 7.188 bn USD of sales by the data of the management statements. EBITDA reduced to 874 mn USD, EBITDA margin totaled 12.3%. Net debt of the company within 9 months formed 8.4 bn USD, including the short-term debt of 3.4 bn USD. Capital investments within 9 months formed 321 mn USD.
Bashneft lowered profit by 33.8% within 9 months of 2009. Within 9 months of 2009 reduced the net profit by a bit more than 1.5 times versus the similar period of the previous year to 9.25 bn RUR, which lowered the three time gap that was indicated by the results of the first half year.
Seversk pipe plant within January-September reduced sales by 32%. SPP within January-September 2009 gained sales in the amount of 12,521.327 mn RUR, which is 31.8% lower than within a similar period of
Silvinit plans to up the output of the potassium chloride in 2010 by 20% and up the domestic prices by the same value. Silvinit in 2010 plans to output from 4.2 to 4.8 mn tons of potassium chloride, and also to up the prices by 20% for potassium chloride this summer for the Russian consumers, which use it for the production of mixed fertilizers.
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