Company received $435 million of net gain
According to 2012 results the net profit of Metinvest Group made $435 million, down 77% from 2011, according to the report published on the company’s website.
Consolidated revenues decreased by 11% from the previous year to $ 12.565 billion.
Adjusted EBITDA fell by 46% from the previous year to $ 1985 million with a 16% margin.
Operating profit is down by 65% from the previous year at $ 979 million.
Capital expenditure decreased by 34% compared to the previous period to $ 765 million.
Cash and cash equivalents as at 31 December 2012 made $530 million.