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Svitlo Shakhtarya Increases Sales 30.7% yoy to USD 12.5 mln in 2007

Svitlo Shakhtarya Increases Sales 30.7% yoy to USD 12.5 mln in 2007

24 April 2008

Svitlo Shakhtarya (HMBZ: U/R) published its 2007 financial results: sales of USD 53.4 mln (+30.7% yoy), EBITDA of USD 12.1 mln (+31.5%), and net income of USD 6.2 mln (+4.7% yoy). Sales of conveyors were up from 57 in 2006 to 64 in 2007. Saturday’s AGM voted to direct 2007 profit into development.

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