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The increase in net profit of PhosAgro was 64% in 2016
These data are presented in the financial statements according to IFRS for the past year
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The company's revenue for the period decreased by 1% – 187,7 billion rubles ($2.8 million), while EBITDA amounted to 72.4 billion rubles ($1.08 million). The EBITDA margin reached 39%. Basic and diluted earnings per share in 2016 has increased by 64% to 462 rubles compared to 281 in 2015.

Sales of fertilizers based on phosphates in 2016 has increased compared to the year 2015 by 10% to 5.92 million tons. Sales of nitrogen fertilizers for the reporting period increased by 2% to 1.39 million tons. The sales of products of production of JSC "Apatite" has increased by 17% to 3,418 million tons.

About the company:

PhosAgro is a Russian vertically integrated company, one of the world's leading producers of phosphate fertilizers. The main activity is the production of phosphate-based fertilisers, high-grade (P2O5 content of 39% or more) of phosphate raw materials – Apatite concentrate, and also feed phosphates, nitrogen fertilizers and ammonia.

www.phosagro.ru



Translated by service "Yandex.Translation"
Источники: Agro2b
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