Evraz’s IFRS net profit triples to $2.47 bln in 2018

MOSCOW, Feb 28 (PRIME) -- The net profit of U.K.-based mining giant Evraz, which operates mainly in Russia, more than tripled to U.S. $2.47 billion in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Consolidated revenue rose 18.6% to $12.836 billion. Consolidated earnings before interest, taxes, depreciation and amortization (EBITDA) soared 43.9% to $3.777 billion.

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

http://www.evraz.com/investors/financial_results/EVRAZ%20FY%202018%20results_press-release_final.pdf

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