KAMAZ Reduces Sales by 11% in 2014
OREANDA-NEWS. KAMAZ at the end of 2014 sold 38.9 thousand finished trucks (-11.2%), among them for the Russian market - almost 32.6 thousand units (-14.4%), for export - more than six thousand (+5,3%). It should be also noted that among the total production of finished vehicles - 63% units are heavy and all-wheel drive units. For 12 months of 2014 the revenue for the group of companies "KAMAZ", according to preliminary data, will be 107 749 mln Rubles (IFRS).
As noted at KAMAZ, the results of the actual sales of all kinds of financial and economic activity in 2014 calendar year will be announced later. Nevertheless, we can already say that, despite the difficult situation in the domestic automobile industry, anti-crisis measures to improve the efficiency of activities, undertaken by the company, will permit the management of KAMAZ to finish the year with a positive financial result.
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