Client Website

+ 7 (495) 745-58-58

ALROSA reports H1 2016 IFRS results

Moscow, August 29th, 2016 – PJSC ALROSA, the global leader in rough diamond production, reports H1 2016 IFRS results.

ALROSA’s H1 2016 revenue totaled RUB 186.7 bn, which is an increase of 42% y-o-y. EBITDA grew by 58% vs H1 2015 and totaled RUB 111.3 bn, with EBITDA margin going up to 60%.

Net income and free cash flow doubled y-o-y to RUB 90.4 bn and RUB 78.7 bn respectively.

Andrey Zharkov, CEO of PJSC ALROSA, commented: “The Company’s H1 financial results were affected by the moderately steady diamond market and ruble depreciation against US dollar compared to H1 2015. ALROSA maintains conservative outlook on the diamond market and executes permanent costs control”.

Latest news

  • 25 February 2019

    ALROSA earns $8.3 mln at Dubai auction

    Read more
  • 29 November 2018

    ALROSA earns $17 mln at rough diamond auction in Israel

    Read more
  • 27 November 2018

    ALROSA successfully concludes the third polished diamond auction in Israel this year

    Read more
All news

Call us + 7 (495) 745-58-58