The 2011 net profit of Uralvagonzavod reached 10 billion rubles

11.01.2012 — News

SVERDLOVSK REGION.

At year-end 2011, the revenue of the Uralvagonzavod Research and Production Corporation totaled almost 90 billion rubles. The railway hardware division accounted for 68% of the revenue, the special-purpose equipment - 30%, and other operations - 2%.

The representatives of the Press Service of the corporation have informed RusBusinessNews that the sales profit amounted to 14 billion rubles - 85% of the amount was earned by the factories manufacturing railway hardware. The average profit margin totaled 15.6%.

The net profit gained by Uralvagonzavod reached 10 billion rubles. The EBITDA indicator is 16 billion rubles, the debt to EBITDA ratio is 2, while the EBITDA to interest coverage ratio is 8.6.

The 2011 preliminary consolidated financial performance of the Uralvagonzavod Research and Production Corporation does not include the data of its member-companies such as CHTZ-Uraltrac LLC, Lepse OJSC, Spetsmash OJSC, UralNITI OJSC, Elektroavtomat OJSC.