KYIV. July 25 (Interfax-Ukraine) – Metinvest B.V. (the Netherlands), the parent company of Metinvest international vertically integrated mining and metal group, saw $203 million in earnings before interest, tax, depreciation and amortization (EBITDA), while in the previous month the figure was $139 million.
According to a preliminary unaudited report published last week under international financial reporting standards, revenue in May 2016 was $533 million.
Revised EBITDA for May 2016 of the metal division was $127 million, while in April 2016 it was $77 million. EBITDA of mining division reached $78 million in May, while in April it was $68 million.
Expenses of the managing company were minus $6 million in May (minus $9 million in April) and internal sales within the group totaled $5 million ($3 million). Total EBITDA in May was $203 million ($157 million).
Total revenue consisted of revenue of the metal division of $425 million and the mining division of $199 million, internal sales of minus $91 million. Revenue in May reached $533 million.
Total debt in May grew by $86 million compared to April, to $2.937 billion. Cash decreased by $4 million, to $163 million.
