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04.04.2011 Evraz discloses its 2010 performance


The company’s financial performance features $13.394 bn (+37 per cent against 2009) of consolidated proceeds; consolidated adjusted EBITDA amounts to $2.350 bn (+90 per cent), net profit — $532 m (against –292 in 2010), operational cash budget — $1.662 bn, overall debts — $7.811 bn (against $7.923 bn by 12/31/2009), including short-term debt of $714 m (against $1.992 bn).

Evraz produced 16.3 m t of steel (+7 per cent), sold 15.5 m t of steel (+9 per cent) cashing $12.123 m during the year. Its iron ore production totaled 19.8 m t (+6 per cent), coking coal — 7.5 m t (–27 per cent), steam coal — 3.8 m t (–8 per cent). 2010 mining revenue amounted to $2.507 bn (+72 per cent).


Source:   metcoal.ru