A summary of the 2020 annual report of the EN+ Group, released by the company on March 25.
In brief: The EN+ Group revenue for 2020 was $10.36 billion, down 11.9% from $11.75 billion the previous year The net profit also decreased by 22% to $1.016 billion from $1.304 billion in 2019. The company says the decrease in revenue reflects the decline in the average LME aluminium price over the last year, together with a 6% decline in its sale volumes of primary and alloys. The group's revenue for its Metal segment, Rusal, also decreased 11.8% to $8.56 billion from $9.71 billion in 2019 due to the 6% sale reduction. The reduction in sales volumes is mostly...