Severstal | 20 November 2009 г. | 10:34

Severstal announces Q3 and 9M 2009 financial results

Severstal announces Q3 and 9M 2009 financial results

Decisive management action in improved markets

Financial Results for the three months and nine months ended 30 September 2009 ($ million unless otherwise stated)

  Q3 2009 Q2 2009 9m 2009 9m 20084
Revenue 3,487 2,852 9,135 18,373
Profit/(loss) from operations 120 (228) (503) 4,255
EBITDA1 368 (5) 207 5,067
Net profit/(loss) 66 (290) (878) 3,243
EPS, $ 0.07 (0.29) (0.87) 3.22
DPS3, $ 0.00 0.00 0.00 1.23

Notes: 1 EBITDA represents profit from operations plus depreciation and amortisation adjusted for gain/(loss) on disposals of property plant and equipment.

2 Net profit/(loss) attributable to shareholders.

3 Dividends announced on the basis of respective period results, translated at the exchange rate as of the date of recommendation by the Board of Directors.

4 These amounts reflect adjustments made in connection with the  completion of purchase price allocations and acquisitions from the majority shareholder.

Source: Metal Supply and Sales
View count: 82

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