OREANDA-NEWS. February 11, 2011. The Board of Directors of Razgulay Group approved the results of the holding according to the managerial accounting for 2010. Company's revenue amounted 25,91 billion rubles. EBITDA increased to 4,4 billion rubles, against 3.1 billion in 2009. Therefore, the profitability increased from 10% to 17%, reported the press-centre of Razgulay Group.

Net profit totaled about 100 million rubles, against losses in 2008 - 2009.
The Debt / EBITDA ratio decreased from 8.0 to 5.6 times, while the ratio of net expenses to EBITDA has decreased from 1,1 to 0,6. Group's loan portfolio amounted 24,7 billion rubles. Thus, the efficiency increase and financial stability improvement planned in new Group strategy has already begun.

"Even with the extreme weather conditions in the past year, the Group steadily maintained the leadership in its key markets: sugar - with a share of 14% and rice - controlling more than 30% of domestic consumption. In 2011, we intend to improve our positions, in particular, company plans to collect about 400 tonnes of grain, more than 1,5 million tonnes of its own sugar beet, as well as increase the amount of beet processing more than 30% ", - said Victor Sukhinov, CEO of Razgulay.

Razgulay Group - the largest national agro-industrial holding which unites three branch directions - grain, agricultural and sugar, and also division on interaction with retail networks. Into holding enter 12 elevators, 7 flour-grinding enterprises, 3 grain factories, 10 sugar factories and dairy-canning industrial complex. Under the Group control there is more than 460 thousand in hectare of land, including 332 thousand in hectare – in handling in 2010.