Regions :: Eastern Europe :: Russia
Uralchem reports lower sales and earnings
1:31 AM MDT | April 24, 2014 | Natasha Alperowicz
Uralchem (Moscow) a leading producer of nitrogen and phosphate fertilizers, reported lower sales and earnings for the whole of 2013 citing difficult market conditions. Net profit was down 61% to 8.2 billion Russian ruble ($229.6 million) on 4% lower revenues of R72.1 billion. Net profit margin was down to 11% compared with 28% in 2012 and adjusted Ebitda was 23% lower at R20.1 billion. Ebitda margin declined from 34% in 2012 to 28% last year. “2013 proved to be a difficult year for fertilizer manufacturers. The decline in world prices affected the...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee