Operational and financial results

Over the years, EFKO has been strengthening its market position and increasing production and sales, which is reflected in the Company's solid operating and financial performance.

EFKO Group`s financial performance in 2012 was driven by strong operating results, including increase in production volumes, launch of new products and expansion to new markets.

According to unaudited RAS consolidated statements, in 2012 EFKO Group revenues increased by 7,4 % (RUB 3 billion) versus 2011. EBITDA in 2012 grew by 3,8 % (RUB 133 million) reaching 3,6 billion Rubles, with EBITDA margin of 8,2 %.