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Evraz suffered losses.

Evraz Plc increased the 2013-losses (IAS) 34.6% to gain $572mln from $425mln, the company informed.

The consolidated revenues dropped 2.1% to $14.411bn from $14.726bn, EBITDA - 10.2% to $1.821bn from $2.027bn.

The net debts reached $6.534bn on 2.5% in rise; capital expenses declined to $902mln from $1.261bn due to the review of investment plans.

The revenues in steel sector declined 7% to $12.541bn; steel output rose 1% to 16.1mln. In the mining sector the revenues reached $3.120bn (+18%); coke output - 18.9mln ton (+22%). The revenues in the vanadium sector increased 6% to $550mln.

Evraz Group S.A. is the largest vertically-integrated metallurgic and mining company. It involves three leading steel-making entities (Nizhnetagilsky, Zapadno-Sibirsky, Nizhnekuznetsky) and Evraz Palini e Bertoli (Italy), Evraz Vitkovice Steel (Czechia), Evraz Inc. NA (USA and Canada), ore assets in Ukraine, Highveld Steel and Vanadium Corporation (South Africa).

In 2013 the steel output moved up 1.1% to 16.109mln ton; steel products - 1.73% to 15.972mln ton from 15.7mln ton; pit iron - 4.34% to 12.553mln ton from 12.031mln ton.

"AK&M", 09.04.2014


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