In H1 "UC Rusal" increases EBITDA under IFRS by more than three times.

The performance of the company was better than the consensus forecast composed by RIA Novosti according to a survey of analysts, who had expected EBITDA at $ 1.19 billion.

In H1 2015 "UC Rusal" increased EBITDA under IFRS by 3.3 times to $ 1.289 billion compared with the same period last year, the message of the company informs.

The result was better than the consensus forecast compiled by RIA Novosti according to the survey of analysts who had expected EBITDA at $1.19 billion. The revenue increased by 8.3% to $ 4.75 billion, also better than analysts' expectations, who predicted the figure of $ 4.714 billion.

The net profit of "UC Rusal" in the reporting period amounted to $879 million against losses of $ 209 million dollars a year earlier, the adjusted net profit - $ 415 million against a loss of $ 395 million, the normalized net profit - $ 830 million compared to a loss of $ 40 million a year earlier. The net debt for the period decreased by 9.4% as of June 30th amounted to $8.005 billion.