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04.12.18
Trading update for the first nine months of 2018
Trading update for the first nine months of 2018 user/common.seoImage
Metinvest B.V., the parent company of a vertically integrated group of steel and mining companies, published a trading update for the first nine months ended 30 September 2018.

Financial highlights

(US$ mn)   9M 2018 9M 2017 Change
Revenues   9,063 6,222 46%
Adjusted EBITDA   2,015 1,373 47%
margin   22% 22% 0 pp
CAPEX   620 308 >100%
         
(US$ mn)   30 Sep 2018   31 Dec 2017   Change
Gross debt   2,869 3,017 -5%
Cash and cash equivalents   446 259 72%
Net debt   2.257 2.298 -2%
Net debt/EBITDA   0,8х 1,1х -0,3х

Read the full release here
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