Q3 EBITDA increased by 6% qoq to $508 million; EBITDA margin grew to 25%. Free cash flow increased by 100% qoq to $372 million. Net profit for the period increased by 153% qoq to $410 million

9M 2015 highlights:

• Group sales increased by 7% yoy to 12.1 m t
• Revenue was $6.371 billion (-21% yoy) due to lower steel prices
• EBITDA decreased by 7% yoy to $1.628 billion
• Effect from operation efficiency programmes totaled $163 million
• EBITDA margin expanded to 26% (+4 p.p. yoy)
• Capex totalled $445 million (flat yoy)
• Free cash flow decreased by 6% yoy to $886 billion
• Net debt declined by 41% yoy to $1.071 billion
• Net debt/12M EBITDA was 0.5х
• Net profit increased by 32% yoy to $891 million

Q3 2015 highlights:

• Sales increased by 3% qoq to 4.1 m t (+15% yoy)
• Revenue totalled $2,016 million (-6% qoq and -23% yoy)
• EBITDA increased by 6% qoq to $508 million (-25% yoy)
• EBITDA margin was 25% (+3 p.p. qoq and -1 p.p. yoy)
• Capex decreased to $145 million (-15% qoq and -13% yoy)
• Free cash flow doubled qoq to $372 million (+75% yoy)
• Net profit increased to $410 million (+153% qoq and +27% yoy)

Outlook

• In Q4 2015 on the back of seasonally slowdown in steel demand and weak prices, we anticipate decline in operating and financial results in comparison with Q3 2015.

Videos

Здесь работает БЕЛАЗ

50 years celebration in Braås

SANDVIK Mining

Blast hole tamping device WL 36-53

Experience in Braås - Interview with Martin Lundstedt and Martin Weissburg

ЧЕТРА Т40: самый мощный российский бульдозер на тест-драйве

­