Revenues in the metallurgical division of Metinvest decreased over the month to $ 67 million
Revenue of the Dutch mining and metallurgical holding Metinvest B. V. (Metinvest), Rinat Akhmetov and Vadim Novinskaja in October this year decreased by 8.7%, or 76 million dollars compared to the previous month - to 797 million 873 million U.S. dollars.
According to the published preliminary unaudited consolidated monthly financial statements of the company on Friday, the total amount of basic earnings of the company (EBITDA) by the end of October amounted to 20 million U.S. dollars, 75% (or $ 60 million) less than the September figure this year.
the Revenues of the metallurgical division of Metinvest in October decreased from 724 to 657 million USD mining – from 291 to 244 million dollars, intercompany sales from 142 to 105 million.
Total debt of the company in October increased by 302 million dollars, compared to September - up to 2,957 billion dollars. The volume of funds increased by 268 million to 466 million.
the Main shareholders of Metinvest B. V. are SCM group Rinat Akhmetov (71,24%) and "Smart holding" Vadim Novinsky (from 23.76%), partnering in company's management.
, OOO "Metinvest holding" - managing company of Metinvest group.