TMK’s IFRS EBITDA rise 13% to $160 mln January–March

MOSCOW, May 18 (PRIME) -- Earnings before interest, taxes, depreciation and amortization (EBITDA) of Russian pipe producer TMK increased 13% on the year to U.S. $160 million in January–March, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Friday.

Revenue grew 35% to $1.274 billion.

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

https://www.tmk-group.com/PressReleases/show/1094

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