Business news from Ukraine

METINVEST’S EBITDA GROWS BY 3.4 TIMES IN Q1 2017

3 July , 2017  

KYIV. July 3 (Interfax-Ukraine) – Adjusted EBITDA of Metinvest B.V. (Netherlands), the parent company of the international vertically integrated mining and metals group Metinvest, for the first quarter of 2017 amounted to $402 million, which was 3.4 times more than the same period last year.
According to preliminary financial results, made public by the company on Friday evening, revenue increased by 44%, to $1.853 billion, capital investment grew by 91%, to $103 million.