Azovmash 1H07 Sales Increase 26% yoy
6 July 2008
Azovmash, the holding company for Mariupol Heavy Machinery (MZVM: BUY) and Azovzahalmash (AZGM: HOLD), reported a 26.4% yoy increase in sales to USD 388.7 mln. The company exported 70.7% of its sales. Production also enjoyed a boost, by 18% yoy to 4,757 freight cars and platforms in real terms.
