Acron 9M 2018 RAS EBITDA increases 50% | World Fertilizer
Acron 9M 2018 RAS EBITDA increases 50%
Acron has released its unconsolidated RAS financial statements for the first nine months of 2018.
Revenue was up 19% y/y to RUB46 654 million (9M 2017: RUB39 218 million).
Sales profit was up 66% y/y to RUB13 910 million (9M 2017: RUB8394 million).
EBITDA* was up 50% y/y to RUB17 595 million (9M 2017: RUB11 711 million).
EBITDA margin was 38% against 30% in 9M 2017.
Net profit was RUB1697 million, including an effect of foreign exchange loss in the amount of RUB5 347 million and loss of RUB 548 million due to a mark-to-market revaluation of Acron’s financial investments. The adjusted net profit excluding these items was up 2.2 times y/y to RUB7592 million (9M 2017: RUB3411 million).
Robyn joined Palladian Publications in January 2018 after graduating from her MA in Media and Journalism at Newcastle University. She is currently working as an Assistant Editor on World Fertilizer magazine, and is very enthusiastic to learn all about the industry.
Having moved to Farnham from the North East of England, Robyn likes to keep busy with Yoga, and exploring the beautiful sights of South West England.
