Mar. 5 Severstal is ready to submit the IVQ and 2012-accounting under IAS, the company informed.
The Company (TIN 3528000597) is an international mining/metallurgic company having high experience in the acquisition and integration of the assets in North America and Europe. It has mining entities in Russia as well to provide the raw for the production.
The stocks are under circulation on MICEX, RTS; ADRs - on LSE.
The 9-month 2012 net profit (IAS) rallied down 40% to $912mln from $1.572bn; revenues declined 9.1% to $10.988bn from $7.566bn; EBITDA - 37.1% to $1.772bn from $2.817bn; EBITDA margin gained 16.1% vs. 23.3% prior year.
The 9-month 2012 net profit (RAS) moved down 39.74% to 9.012bn rub. from 14.955bn rub. prior year period; revenues dropped 10.62% to 172.133bn rub. from 192.577bn rub.; profit from sales - 44.48% to 13.323bn rub. from 23.995bn rub.; pretax profit - 21.29% to 11.151bn rub. from 14.168bn rub.