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VSMPO-AVISMA sums up its financial success in 2005


26.05.2006. : public
VSMPO-AVISMA Corporation JSC summed up its financial success in 2005, PR-department of VSMPO-AVISMA reported.

The companys gross receipt in 2005 came to 16.8bn RUR or $593.6m; this exceeds the corresponding figures for 2004 by 59 %. The companys net profit came to 3.174bn RUR or $112.15m, which exceeds the figures for 2004 by 98 %.

The sales proceeds for 2005 are expected to come to the level of $746.4m, which exceeds the figures for the previous year, namely, $522.7m, by 43%. The net profit of the group is expected to be 4.5 times greater than the net profit of 2004 ($50.2m) and to reach the level of $228.5m.