IM Agriminerals News in Brief 29 August – 4 September
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,...