EVRAZ’s net loss doubles in 2014

March 6, 2015. Pipe Metallurgical Company (TMK) sold 20% more pipes in the last quarter of 2014 compared with Q3’14: the figure was 702,000,000 kg thanks to betters sales of weldless OCTGs and line pipes on the home market occasioned by growing seasonal demand. The company’s weldless OCTG sales rose by 12% compared with the previous quarter, TMK’s press service reports. Welded pipe sales increased by 11% compared with the third quarter of 2015 and reached 534,000,000 kg thanks to better LDP sales on the domestic market and better welded OCTG sales in the United States. Overall pipe sales rose

August 27, 2014. The revenues of Pipe Metallurgical Company (TMK) rose by 3% in the second quarter of 2014 compared with the previous quarter and came to $1,516m, the company report states. Its EBITDA increased by 3% in Q’II 2014 compared with the first quarter and amounted to $190m. The EBITDA margin remained the same as in the first quarter of the year, that is, 13%. TMK’s nest profit reached $60m. At the same time, the company had $16m worth of net loss in the first quarter of 2014. In the second quarter of the year, the company made $32m worth of profit through exchange rate fluctuations

April 30, 2014. The net loss of Chelyabinsk Tube Rolling Plant (ChTPZ), calculated in accordance with the IAS, came to 1.868m RUR in 2013 compared with 1.133m RUR in 2012. The plant's revenues reached 112,428m RUR, its EBITDA came to 18.173m RUR, its EBITDA margin reached 16.2%, and its joint debt decreased by 3bn RUR, the company's press service says. 'The company incurred 1.868m RUR worth of losses last year (against 1.133m RUR worth of net profit in 2012) due to the general decrease in profit margin that was typical of the Russian pipe-making sector because of last

April 28, 2015. ChTPZ Group’s revenues rose by 14% in 2014 compared with the year 2013 and amounted to 128,123m RUR, the company’s press service reports. The Group’s gross profit went up by 31%, its EBITDA increased by 25% and came to 22,741m RUR. The company’s EBITDA profitability rose by 1.5% and thus reached 17.7%. Even though the group’s sales were up last year on a year earlier, the operating performance results were badly affected by factors beyond the company’s control such as the unstable global economic situation, rising metal prices, and increased volatility of the foreign exchange

UrBC, Yekaterinburg, April 19, 2016. Chelyabinsk Tube Rolling Plant/ChTPZ carried its annual IAS-based financial report for 2015, the company press service reports. The company’s revenues rose by 16% compared with the year 2014 and reached148.367bn RUR; its gross profits went up by 18%, its EBITDA by 27% (up to 28.901bn RUR), its EBITDA margin by 2% (up to 19.5%). ’The Russian pipe manufacturers’ performance got affected by the unstable global economy, high metal prices, and the foreign currency market’s great volatility last year. However, as the plant started selling more high-profit-margin