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RSS FeedsSeverstal reports Q3 & 9M 2017 fiacial results
(World News Russia)

 
 

18 october 2017 08:55:46

 
Severstal reports Q3 & 9M 2017 fiacial results
(World News Russia)
 


18 October 2017 PAO Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world`s leading steel and steel-related mining companies, today announces its Q3 & 9M 2017 financial results for the period ended 30 September 2017. CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER ENDED 30 SEPTEMBER 2017 $ million, unless otherwise stated Q3 2017 Q2 2017 Change, % 9M 2017 9M 2016 Change, % Revenue 1,972 1,931 2.1% 5,670 4,265 32.9% EBITDA 616 629 (2.1%) 1,823 1,383 31.8% EBITDA margin, % 31.2% 32.6% (1.4 ppts) 32.2% 32.4% (0.2 ppts) Profit from operations 502 528 (4.9%) 1,506 1,082 39.2% Operating margin, % 25.5% 27.3% (1.8 ppts) 26.6% 25.4% 1.2 ppts Free cash flow 507 382 32.7% 959 633 51.5% Net profit...


 
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