OREANDA-NEWS. Dorogobuzh (a company of the Acron Group) released its unaudited consolidated condensed IFRS financial statements for 9M 2013.

Financial Highlights

Revenue totalled RUB 13,495 million, up 27% year-on-year (9M 2012: RUB 10,654 million).

EBITDA* increased 18% to RUB 3,893 million against RUB 3,303 million in 9M 2012.

EBITDA margin was 29%, down from 31% year-on-year.

Net profit was RUB 3,338 million, down 1% year-on-year (9M 2012: RUB 3,370 million).

EBITDA is calculated as operating profit plus depreciation and amortisation, profit (loss) from currency exchange and other non-cash and non-standard items.