En+ Group’s IFRS net profit falls 30% to $1.304 bln in 2019

MOSCOW, Mar 27 (PRIME) -- The net profit of Russia’s En+ Group of tycoon Oleg Deripaska fell 30% on the year to U.S. $1.304 billion in 2019, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Friday.

Revenue fell 5.1% on the year to $11.752 billion in the period.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) dropped 35.3% to $2.127 billion.

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

https://www.enplusgroup.com/upload/iblock/57f/En+%20Group%20FY%202019%20Financial%20results%20ENG.pdf

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