OREANDA-NEWS. November 6, 2012. Acron (Moscow Exchange and LSE: AKRN) released its non-audited RAS financial statements for 9M 2012.

Financial Highlights

Revenue totalled RUB 27.61 billion, up 21% year-on-year (9M 2011: RUB 22.92 billion).

Sales profit was RUB 11.48 billion, up 28% year-on-year (9M 2011: RUB 8.98 billion).

EBITDA* was RUB 11.89 billion, up 27% year-on-year (9M 2011: RUB 9.34 billion).

EBITDA margin was 43%, up from 41% in 9M 2011.

Net profit totalled RUB 9.84 billion, including a gain of RUB 2.95 billion due to a mark-to-market revaluation of Acron’s financial investments. Thus, net profit before revaluation of the financial investments increased 36% to RUB 6.90 billion against RUB 5.06 billion year-on-year.

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