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MHP sales soar 2.3x yoy, EBITDA 2.5 yoy in 1Q08

MHP sales soar 2.3x yoy, EBITDA 2.5 yoy in 1Q08

20 June 2008

Mironivskiy Hliboproduct (MHPC LI: N/R) announced today that its net revenues grew 2.3x yoy to USD 176 mln in 1Q08. The company’s EBITDA rose 2.5x yoy to USD 59 mln and net income surged 4.8x yoy to USD 24 mln. The company’s EBITDA margin was 34% (+2 pp yoy) and net margin 14% (+8 pp yoy).

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