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04 Jun
13:24

Interpipe decreases revenue, profit, outlook better

Ukrainian pipe and railway products manufacturer Interpipe reduced revenue in the first quarter, the company confirms to Kallanish. January-March revenue decreased by 20% on-year to $201 million and profit was significantly less, by 90% compared to the same period in 2020, at $86.5m. Ebitda decreased by 53% on-year to $40m, but the amount of capital investments increased by 58% to $17m. Interpipe continued to operate in difficult market conditions in Q1, wh…
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