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Net profit of VSMPO-AVISMA exceeded RUB 14 bln

Net profit of VSMPO-AVISMA exceeded RUB 14 bln

31.03.2016 — News


SVERDLOVSK REGION

According to year end 2015 results, the VSMPO-AVISMA Corporation, PJSC generated RUB 14.4 bln in net profit, which is 3.6-fold increase against previous year.

The company earnings reached as high as RUB 72.6 bln (+32.6%).

The corporation’s press service informed RusBusinessNews that the receivables increased to RUB 17.52 bln (+11%).

In 2016, VSMPO-AVISMA plans to invest approximately RUB 10 bln into business development.

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