Evraz says IFRS net profit soars to $3.107 bln in 2021

MOSCOW, Feb 25 (PRIME) -- The net profit of U.K.-based mining giant Evraz, which operates mainly in Russia, soared to U.S. $3.107 billion in 2021 from $858 million in 2020, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Friday.

Consolidated revenue grew by 45.2% to $14.159 billion. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) doubled to $5.015 billion.

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