Akron's revenue under IFRS increased by 10% in 2024

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AK&M 24 March 2025 13:03

Akron's revenue under IFRS for 2024 increased by 10% to 198.167 billion rubles from 179.458 billion rubles a year earlier. EBITDA decreased by 12% to 60.721 billion rubles from 68.74 billion rubles, net profit — by 15% to 35.866 billion rubles from 30.52 billion rubles. This is stated in the company's message.

In dollar terms, revenue increased by 2% to $2.141 billion from $2.105 billion, EBITDA decreased by 19% to $656 million from $806 million, and net profit increased by 22% to $330 million from $421 million.

The volume of production of the main products amounted to 8,385 million tons, remaining at the level of the result for 2023 — 8,382 million tons. The volume of sales of the main products amounted to 8,456 million tons, which is 2% higher than the result for 2023.

Acron Group is a Russian vertically integrated producer of mineral fertilizers.