JSC Atomenergomash increased consolidated proceeds according to the results of 2017 to 69 billion rubles

Tuesday, 10 April 2018

In 2017, the consolidated proceeds of machine-building division of Rosatom Atomenergomash Group increased by 8% and amounted to 69 billion rubles.
EBITDA tripled to 9,8 billion rubles. Index of effectiveness of operating activities – EBITDA margin – increased by 3.1% and amounted to 14%. The growth of profitability is determined by the productivity enhancement both of the capital equipment of nuclear power plant, and of the non-nuclear business areas. Also the sale of the non-core assets of almost 500 million rubles had the beneficial effect.
"The geography of our supplies last year amounted to 27 countries. We participate in all Rosatom nuclear power projects and ensure our development in non-nuclear markets. I would especially like to note the growth of the portfolio of orders for ten years at the end of the year, which amounted to 455 billion rubles. I thank our partners for their trust and constructive cooperation. In 2018, the timely fulfillment of all contractual obligations, increase of production efficiency, increase in the volume of export contracts and revenue growth in all business areas remain strategic priorities for us," - the CEO of JSC Atomenergomash Andrey Nikipelov said. The final financial Atomenergomash Group’s results will be published in the integrated annual report for 2017 after passing an audit and obtaining corresponding audit report.