EBITDA grew by 26 percent and totalled RUB 118.5 billion, with EBITDA margin rising up 53 percent. Net income totalled RUB 32.2 billion as compared to net losses of RUB 16.8 billion in 2014.
Andrey Zharkov, CEO of PJSC ALROSA, commented: “After a decline in rough diamond market activity in 2H 2015, we note signs of recovering market demand for the company’s main products. Alrosa’s strong FY 2015 financial results were supported by both sales favorable FX market environment and the Company’s cost control initiatives.”
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