The IH 2014 net profit at Nornickel increased (RAS) 2.48 fold to 51.334bn rub. from 20.729bn rub. prior year, the company informed.
The revenues moved up 13.51% to 148.676bn rub. from 130.981bn rub.; profit from sales - 29.47% to 79.18bn rub. from 61.156bn rub.; pretax profit being doubled to 64.654bn rub. from 31.293bn rub.
Nornickel (TIN 8401005730) is the largest diversified mining-metallurgic company and nickel/palladium maker. Besides, it is a producer of associated metals. The basic divisions are located in Taimyr and Murmansk regions. The foreign assets involve the entities in Finland, Australia, South Africa. In 2009 282.89ths ton of nickel were produced to compare with 300.6ths ton prior year. The output declined to 402.21ths ton from 419ths ton last year: 2805ths ounce of palladium; 661ths ounce of platinum being extracted.
The share capital is split to 190627747 common stocks of 1 rub. par each.
The 2013-net profit (IAS) declined 2.8 fold to $765mln from $2.143bn; revenues being down 7.09% to $11.489bn from $12.366bn; gross profit - 16.27% to $4.993bn from $5.963bn; EBITDA - 14.9% to $4.198bn from $4.932bn; EBITDA yield coming to 37% vs. 40%.
The 2013 net profit (RAS) rose 11.65% to 78.305bn rub. from 70.137bn rub. prior year; revenues dropped 5.53% to 272.585bn rub. from 288.554bn rub.; profit from sales - 14.53% to 123.579bn rub. from 144.593bn rub.; pretax profit - 0.55% to 99.872bn rub. from 99.328bn rub.
The IQ 2014 net profit declined (RAS) 21.07% to 11.664bn rub. from 14.778bn rub. prior year; revenues dropped 5.97% to 63.289bn rub. from 67.306bn rub.; profit from sales - 2.83% to 31.82bn rub. from 32.748bn rub.; pretax profit - 20.6% to 15.397bn rub. from 20.977bn rub.