Evraz Group posts sales revenue of $3.894 billion in Q1

Wednesday, 18 May 2011 16:16:57 (GMT+3)   |  
       

In January-March of the current year, Russian mining and steel producing company Evraz Group recorded sales revenues of about $3.894 billion.

Evraz Group's adjusted EBITDA for the period was $740 million, with an adjusted EBITDA margin of 19 percent. The group's total debt as of March 31, 2011 amounted to $7,809 billion, including $713 million of short-term loans and the current portion of long-term debt. 

During the period in question, Evraz Group's interest expenses totaled $191 million. Cash and cash equivalents at the end of the period stood at $629 million. Capital expenditures amounted to $200 million.


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