RUSAL revenue rises 19.5% to $2.744 bln in JanЦMar - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

RUSAL revenue rises 19.5% to $2.744 bln in JanЦMar

MOSCOW, May 11 (PRIME) -- The revenue of Russian aluminum giant UC RUSAL rose 19.5% on the year to U.S. $2.744 billion in JanuaryЦMarch, the company said on Friday.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 20.4% to $572 million. †

RUSAL also said that its previous forecasts for its operations are already irrelevant due to the U.S. sanctions.

УIn present circumstances any forecast or outlook made or previously made should be deemed unreliable and may become irrelevant due to ongoing developments on the market at this period of time.Ф

The company continues to believe that the impact of the sanctions could be materially adverse to the business.

УThe companyТs primary focus remains on the maintenance of its operations and the protection of the interests of all of its creditors, investors and shareholders.Ф

For further details, please, see the companyТs report on its official website:

https://rusal.ru/upload/iblock/bb3/LTN20180511099.pdf

End

11.05.2018 08:33
 
 
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