Dorogobuzh Releases its 2011 Consolidated RAS Financial Statements
OREANDA-NEWS. April 19, 2012.Dorogobuzh (a company of Acron Group) released audited consolidated RAS financial statements for 2011, reported the press-centre of Acron Group.
Financial Highlights
Revenue totalled RUB 16.74 billion, up 44% year-on-year (2010: RUB 11.66 billion).
Sales profit increased by factor 2.5 year-on-year to RUB 6.31 billion (2010: RUB 2.55 billion).
EBITDA* more than doubled to reach RUB 6.62 billion against RUB 2.85 billion in 2010.
EBITDA margin was 40% (2010: 24%).
In 2011, net profit more than doubled to reach RUB 6.25 billion against RUB 2.86 billion in 2010.
*EBITDA is calculated as sales profit plus depreciation and amortisation of intangible assets.
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