IHS Chemical Week

Regions :: Eastern Europe :: Russia

PhosAgro reports decline in first-quarter net profit on higher sales and margin

4:34 AM MDT | May 20, 2014 | Natasha Alperowicz

PhosAgro (Moscow), a leading fertilizer producer, today reported a major decline in first-quarter net profit but higher Ebitda and Ebitda margin. Net profit was down 42%, to 1.9 billion Russian rubles ($55 million), on revenues 2% higher, at R29.4 billion. The company cites the devalued Russian currency as the main reason for the decline in net profit. Ebitda was up 13%, to R8.6 billion, and Ebitda margin was 29% compared with 26% in the first quarter of 2013. PhosAgro, predominantly a phosphate fertilizer producer, reports a 5.6% decline in phosphate-based...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa