30
Dec
11:52
Interpipe’s revenue decreases amid war, profit increases
Ukrainian pipe and railway products manufacturer Interpipe saw revenue decrease in January-September.
It fell by 9.2% on-year to $686.634 million, but profit was significantly higher, by 5.7 times compared to the same period in 2021, at $199.97m, Kallanish notes. Ebitda decreased by 18.5% on-year to $123m and capital investment plunged 67% to $15m.
The firm did not provide nine-month tonnages.
Earlier, Interpipe said the main factor affecting results was th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous