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15 Jun
12:46

Interpipe’s 2021 revenue surges, eyes increased production

Ukrainian pipe and railway products manufacturer Interpipe saw revenue increase in 2021 by 30.9% on-year to $1.13 billion, Kallanish notes. However, Ebitda declined by 16.3% to $228 million. Net profit decreased by 53.2% to $91.32m. Capital investment was up 42.3% to $62.7m. According to the company, the decrease in Ebitda is due to the high cost of raw materials and energy resources, which could not be covered by high sales volumes and product prices. …
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