The international vertically integrated pipe and wheel company Interpipe reduced its net profit by 16.6% year-on-year in January–June 2025, to $107.357 million from $128.740 million.
According to the company’s interim report, profit before tax decreased by 12.1% to $142.643 million, while operating profit dropped by 17.6% to $142.227 million. Revenue grew by 6.8% to $572.267 million.
At the end of June 2025, cash and equivalents totaled $263.166 million (compared to $292.093 million a year earlier).
Revenue from the pipe segment amounted to $436.844 million ($388.949 million in H1 2024), from the railway product segment – $122.252 million ($127.159 million), and from the steel segment – $170.643 million ($180.498 million).
Operating profit in these segments reached $78.289 million, $17.750 million, and $46.359 million respectively.
EBITDA for the pipe segment totaled $85.101 million ($50.856 million), railway products – $25.741 million ($25.347 million), steel – $54.884 million ($54.259 million), with total company EBITDA at $165.557 million ($130.273 million).
In 2024, Interpipe increased its net profit by 10.9% to $280.479 million and profit before tax by 12.2% to $327.191 million. Operating profit fell by 6% to $337.047 million, while revenue rose by 6.2% to $1.05 billion.
Cash at year-end 2024 amounted to $285.504 million (vs. $247.473 million in 2023).
Interpipe is a Ukrainian industrial company producing steel pipes and railway products. Its goods are supplied to over 50 countries. In 2024, the company paid UAH 5.5 billion in taxes.
Its structure includes five industrial facilities: Interpipe NTRP, NMTZ, Niko-Tube, Dnipromet, and the DniproSteel electric steelmaking complex.
The company employs about 9,500 people.
The ultimate owner of Interpipe Limited is Ukrainian businessman and philanthropist Viktor Pinchuk and his family.
