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05 Jun
16:00

Metinvest sees challenging first quarter 2015 as revenues plunge

Ukraine’s Metinvest saw revenues tumble year-on-year in the first quarter of 2015. Earnings fell even further as the political conflict in Eastern Ukraine continues to take its toll. The company was presenting its Q1 15 trading statement monitored by Kallanish. The share of total revenue from international sales increased to 81%, the company says, as domestic sales fell by -58% to $340 million in Q1 15. Even in International markets revenues fell heavi…
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