Interpipe NTRP revises 1Q20 EBITDA down 16%
2 June 2020
Interpipe NTRP, a subsidiary of Ukraine’s largest pipe
and railway wheel producer Interpipe (INTHOL), revised its 1Q20 EBITDA to USD
53.6 mln, or 16% down from the USD 64.0 mln value reported on
Apr. 30, according to Interpipe NTRP’s 1Q20 revised financial
statements published on May 29. The revised EBITDA is still 65% higher yoy.
Interpipe NTRP’s 1Q20 revenue was revised only
insignificantly and remains at USD 124.4 mln, or 0.4% less yoy.
Interpipe will report its 1Q20 consolidated results
sometime in June, according to the company’s events calendar published on its
website.
Dmytro Khoroshun: This revision is more evidence for our expectation that the 1Q20
EBITDA of Interpipe’s railway product segment would decrease from USD 68 mln in
4Q19.
