Press Releases
For the first three months ended on 31 March 2014 the total revenue of the Company increased by 14.4% to RUR 8,415 million, the operating profit increased by 4.0% to RUR 1,236 million and EBITDA grew by 6.9% to RUR 2,171 million compared to the same period of 2013. The Company’s net profit amounted to RUR 1,068 million, representing a 8.09% increase compared to the 1st quarter of 2013.
Adjusted EBITDA margin increased to 44.7% in the 1st quarter of 2014 compared to 41.9% for the same period of 2013, net profit margin improved to 22.0% from 20.2% respectively.
Company’s total assets were RUR 44,540 million as of 31 March 2014, total debt was RUR 7,380 million, 0.8% down since 31 December 2013.
The improvement it Company’s financial metrics resulted mainly from an increase intransportation volumes during the reporting period by 1.9% to 349 thousand TEU as well as by Company’s measures aimed at an improvement of business efficiency (in particular, a decrease in repair costs and interest expenses).
TansContainer’s financial accounts for the 1st quarter of 2014 under Russian Accounting Standards are available at:
http://www.trcont.com/en/investor-relations/reporting/financial-reports-under-ifrs/
