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ALROSA increased IQ output.

In IQ 2014 ALROSA increased diamonds output 6% to gain 7.9mln carat, the company informed.

The growth is explained by the rise in the extraction at Yubileinaya, Aikhal, International and Arkhangelskaya deposits.

The revenues from sales rallied up 24% to $1.5bn. The Company noted positive dynamics on the diamond market in IQ yielding 4% in price rise.

ALROSA (TIN 1433000147) is one of the leading diamond producers in the world. It covers 97% of the total amount of the diamonds produced in Russia and about 25% in the world. The Company includes ECO ALROSA, ALROSA Diamonds, Aikhalsky, Mirninsky, Udachninsky and Nyurbinsky GOKs.

The IH 2013 net profit at ALROSA declined (IAS) 9.73% to 14.616bn rub.

from 16.191bn rub. prior year. The revenues rose 7.45% to 82.229bn rub. from 76.529bn rub.; pretax profit dropped 10.52% to 19.793bn rub. from 22.121bn rub.; EBITDA - 0.51% to 35.245bn rub. from 35.525bn rub.; EBITDA margin - to 43% from 46.

The 9-month 2013 net profit moved up (RAS) 2.81% to reach 22.833bn rub. from 22.209bn rub. prior year period. The revenues added 10.39% to come to 100.231bn rub from 90.795bn rub.; profit from sales - 4.93% to 40.125bn rub from 38.241bn rub.; pretax profit moved down 0.48% to 28.965bn rub from 29.104bn rub.

"AK&M", 22.04.2014


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