Russia’s IMH sees rouble-denominated earnings drop 4% in 2015

Industrial Metallurgical Holding (IMH) showed a decline in earnings of 4% year-on-year in 2015, parent company Koks Group said on Thursday May 12.

IMH manages all the holding group’s assets, including Russia’s largest merchant pig iron producer, Tulachermet. It reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of 11.04 billion roubles ($170.05 million) last year, compared with 11.49 billion roubles ($176.98 million) in 2014, Koks said.

The company’s iron ore and pig iron segment generated 3.35 billion roubles ($51.60 million) of earnings in the...


May 17, 2016

13:48 GMT