VSMPO-AVISMA expects that its net profit will reach 20 billion rubles in 2015

05.08.2015 — News

SVERDLOVSK REGION

Over January-June 2015, the revenue of the VSMPO-AVISMA Corporation, OJSC, amounted to 31 billion rubles, thus by 27% having exceeded the revenue over the similar period in the previous year. The net profit increased by 5 billion rubles, having totaled 9.6 billion rubles.

As RusBusinessNews was informed by the Press Service of the Corporation, this year the revenue of the Corporation may reach 67.6 billion rubles, while the net profit may total 20 billion rubles, if the dollar exchange rate will not demonstrate dramatic growth. Consequently, by the end of the year EBITDA may reach about 28 billion rubles, provided the same requirements are met.

In 2015, VSMPO-AVISMA intends to produce 28.8 thousand tons of titanium, which will generate a gross revenue of around 67 billion rubles.