The Russian mining and steel producer Evraz Group has released its interim results for the six months ended June 30, 2008.
According to the report, during the period in question Evraz' revenues increased by 78.2 percent year on year to $10.73 billion due to strong pricing, Ukrainian and North America acquisitions, and improved sales mix.
The company's net profit attributable to equity holders of Evraz Group rose by 82.1 percent to $2.04 billion, while its outstanding operating cash flow rose by 42.2 percent to $2.35 billion, all compared with the same period last year.
Evraz's profit before interest, taxes, depreciation and amortization (EBITDA) saw an increase of 80.5 percent year on year to $3.7 billion.