IM Agriminerals News in Brief 29 August – 4 September

By James Sean Dickson
Published: Friday, 04 September 2015

Acron profits jump 84% y-o-y; PhosAgro completes shaft construction started in 1999; Belaruskali moves to increase output.

Russian fertiliser producer Acron OAO has released its H1 financial statements for 2015, which detail year-on-year (y-o-y) revenue growth of 46%, to Russian rouble (R) 52bn ($775.3m*).

The group’s H1 EBITDA** more than doubled to R 20.3bn ($302.7m) while its EBITDA margin swelled by 15 percentage points to 39%. Net profit,...

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