Russia's Rusal Q4 core earnings up 42 pct y/y

By Reuters / February 22, 2018 / www.kitco.com / Article Link

Feb 23 (Reuters) - Russian aluminium giant Rusal almost matched forecasts with a 42 percent jump in fourth-quarter core earnings on Friday, helped by higher aluminium prices.

Hong-Kong listed Rusal said fourth-quarter earnings before interest, taxation, depreciation and amortisation (EBITDA) rose to $586 million from $412 million in the last quarter of 2016. Analysts had expected core earnings of $598 million. Rusal, the world's second-largest aluminium producer after China's Hongqiao , said that its fourth-quarter revenue rose 35 percent to $2.75 billion.

(Reporting By Shashwat Pradhan in Bengaluru; editing by Richard Pullin)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

Recent News

Gold stocks down as markets continue to new highs

July 21, 2025 / www.canadianminingreport.com

TSXV Top 20 Gold market cap shifts away from exploration

July 21, 2025 / www.canadianminingreport.com

Many new players enter TSXV gold Top 25 by market cap

July 14, 2025 / www.canadianminingreport.com

Gold stocks mixed on moderate metal gain, flat equities

July 14, 2025 / www.canadianminingreport.com

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok