KYIV. June 5 (Interfax-Ukraine) – Metinvest B.V. (the Netherlands), the parent company of Metinvest international vertically integrated mining and steel group, in January-March 2015 saw EBITDA worth $341 billion, which is 61% down compared to the same period in 2014 ($878 million).
According to the company’s unaudited consolidated financial statements in line with IFRS, which were posted on the Irish Stock Exchange, in the first quarter of 2015 its consolidated EBITDA dropped due to the decrease in the mining division’s EBITDA by $668 million, to $106 million, which was partially offset by the increase of $116 million in the steel division’s EBITDA, to $253 million.
