Norilsk net profits almost triple in H1

Net profits at Norilsk Nickel almost tripled year-on-year in the first half of 2014, thanks to its focus on return on invested capital (ROIC).

The company posted net profits of $1.5 billion for the period, up 167% compared with the first six months of 2013. This followed a drop in capital expenditure, down 44.5%...

Published

Claire Hack

August 28, 2014

16:50 GMT

London