PRESS RELEASE
URALCHEM, OJSC REPORTS IFRS FINANCIAL RESULTS
FOR THE FIRST SIX MONTHS OF 2014
Revenue amounted to 36.54 bln RUB, compared to 40.06 bln RUB in the first half of 2013.
Operating profit amounted to 9.70 bln RUB, compared with 12.22 bln RUB...
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PRESS RELEASE
URALCHEM, OJSC REPORTS IFRS FINANCIAL RESULTS
FOR THE FIRST SIX MONTHS OF 2014
Revenue amounted to 36.54 bln RUB, compared to 40.06 bln RUB in the first half of 2013.
Operating profit amounted to 9.70 bln RUB, compared with 12.22 bln RUB in the first half of 2013.
Adjusted EBITDA comprised 11.57 bln RUB, compared to 14.01 bln RUB in the first half of 2013.
Net profit amounted to 1.23 bln RUB, compared to 8.02 bln RUB in the first half of 2013.
Moscow, Russia – 02 September, 2014. URALCHEM, OJSC (hereinafter URALCHEM or the
Company), the holding company of the URALCHEM Group, one of the largest producers of nitrogen
fertilizers in Russia, announced its unaudited IFRS financial results for the first six months of 2014.
The Group’s Key Financial Figures for six months in 2014 and 2013 (million RUB)
Six months,
2014
Six months,
2013
Year-onyear
change
Revenue 36,537 40,062 -9%
Gross profit 21,199 23,145 -8%
Gross profit margin 58% 58%
Operating profit 9,705 12,218 -21
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