HMS Group Announces Financial Highlights for 6 Months 2015
OREANDA-NEWS. HMS Group plc (LSE: HMSG), the leading pump and compressor manufacturer and provider of flow control solutions and related services in Russia and the CIS, today announces its financial results for 6 months ended June 30, 2015.
6 months 2015 HIGHLIGHTS:
* Backlog went down by 22% yoy to Rub 23.8 billion, while order intake declined by 20% yoy to Rub 14.9 billion
* For standard equipment only, backlog grew by 1% yoy, and order intake increased by 14% yoy
* Revenue of Rub 16.6 billion grew by 29% yoy
* EBITDA totaled Rub 3.4 billion, up more than twofold, with EBITDA margin of 20.3%
* Operating profit increased threefold to Rub 2.3 billion with margin at 14.1%
* Profit for the period reached Rub 1.1 billion vs. negative Rub 0.2 billion for 6 months 2014
* Total debt grew by 12% yoy to Rub 16.1 billion from Rub 14.5 billion
* Net debt increased by 20% yoy to Rub 14.7 billion resulting in Net debt-to-EBITDA LTM ratio of 2.11x vs. 2.56x for 6 months 2014
* Return on capital employed (ROCE) increased to 17.4% vs. 10.8% for the comparative period
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