Segezha Group’s revenue in the second quarter decreased by 24% – Kommersant
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Revenue of the timber holding Segezha Group (controlled by AFK Sistema) in the second quarter decreased by 24% year-on-year to RUB 21.1 billion. Compared to the first quarter, it increased by 13%.
OIBDA of the company for the reporting period decreased by 2 times, from 5.9 billion rubles. up to 2.9 billion rubles. Compared to the first quarter, it showed an increase of 2.7 times.
The positive quarter-on-quarter dynamics in Segezha Group was explained by an increase in sales of finished products. “The depreciation of the ruble against major foreign currencies also had a positive effect,” the statement said. press release.
Net loss compared to January-March increased by 3% to 3.9 billion rubles. A year earlier, in the second quarter, the company received 19.8 billion rubles. net profit.
In June, participants in the Russian timber industry complained Deputy Prime Minister Victoria Abramchenko to the fact that the support measures promised after the February meeting with Russian President Vladimir Putin did not work. It is about granting a deferral of payment for the lease of forest plots, increasing the transport subsidy for exports and improving the situation with logistics.
Details – in the material “Kommersant” “Forest Problem Complex”.
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