In the first quarter, Acron Group bought out 30% of the shares of JSC VKK from partner banks, bringing its stake in the Talitsky potash project to 80%. In this regard, net debt for the first quarter of 2024 increased to 65.59 billion rubles. compared with the result at the end of 2023 – 25.098 billion rubles. This is stated in the company's message.
Acron Group is a Russian vertically integrated producer of mineral fertilizers.
Acron's net profit under IFRS for the first quarter of 2024 amounted to RUB 6.47 billion. Revenue amounted to 51.355 billion rubles, EBITDA -13.7 billion rubles.
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