Evraz Group issues interim results for first nine months

Monday, 17 November 2008 14:32:14 (GMT+3)   |  

The Russian miner and steel producer Evraz Group has released its interim management statement for the first nine months of 2008.

According to the report, during the period in question Evraz' revenue amounted to $17,100 million, while its earnings before interest, taxes, depreciation and amortization (EBITDA) reached $5,951 million.

Evraz's total debt as of September 30, 2008 amounted to approximately $10, 214 million, its cash stood at around $623 million, while its capital expenditures during the first nine months of 2008 totaled $900 million.

During January-September 2008, Evraz's total steel product sales amounted to 13.7 million mt, its iron ore sales including inter-company shipments totaled 15.3 million mt, and its coal sales amounted to 5.5 million mt of coking coal and 2.9 million mt of steam coal.


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