Acron IFRS net profit falls 7% to 13 bln rbl in 2018

MOSCOW, Mar 26 (PRIME) -- The net profit of Russian fertilizer producer Acron fell 7% on the year to 13.32 billion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement Tuesday.

Revenue rose 15% to 108.062 billion rubles and increased 7% to U.S. $1.723 billion in U.S. dollar equivalent.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 24% to 37.053 billion rubles, or 16% to $591 million.

For further details, please, download the company’s report on its official website:

https://www.acron.ru/en/investors/financial-statements/

(64.4993 rubles – U.S. $1)

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