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Uralkaliy relies upon rise in demand.

Uralkaliy considers the demand on potassium in 2014 to reach 58-60mln ton against 53-54mln ton this year, the company informed.

In particular, the growth of consumption is expected in China, South Eastern Asia, India and Brasilia.

Uralkaliy Joint Company (TIN 5911029807) was formed through the merger of Uralkaliy- and Silvinit-held assets completed in June 2011. Within the merger Uralkaliy acquired 1565151 common stocks (20%) of Silvinit. The stocks released by Uralkaliy were swapped for the stocks of Silvinit. The 2012-output dropped 16% to 9.12mln ton.

The 2012 net profit (IAS) moved up 5% to $1.597bn from $1.527bn; revenues dropped 6% to $3.34bn from $2.985; corrected EBITDA being down 5% to $2.375bn; EBITDA margin coming to 71%.

The 2012 net profit climbed up (RAS) 15.2% to 49.079bn rub. from 42.571bn rub.; revenues - 10.3% to 110.116bn rub. from 99.825bn rub.; profit from sales - 7.2% to 63.004bn rub from 58.748bn rub.; pretax profit - 17.4% to 58.373bn rub from 49.711bn rub

"AK&M", 20.12.2013


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