{"id":1630,"date":"2014-04-01T14:49:21","date_gmt":"2014-04-01T12:49:21","guid":{"rendered":"http:\/\/www.resources-roots.com\/?p=1630"},"modified":"2014-04-01T14:49:21","modified_gmt":"2014-04-01T12:49:21","slug":"polymetal-international-2","status":"publish","type":"post","link":"https:\/\/www.resources-roots.com\/fr\/polymetal-international-2\/","title":{"rendered":"Polymetal International"},"content":{"rendered":"

Company’s ViewPick, March 31, 2014<\/strong><\/h2>\n

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\"polymetal<\/a><\/span><\/strong><\/p>\n

Falling metals’ prices endanger operations<\/span><\/strong><\/p>\n

Due to growing sales volume Polymetal posted a 55% half year on half year (hoh) increase in cost of sales which brought gross profit margin to 26% (below the second half year 2012 level). As a result operating profit in second half year (2H) 2013 came at USD 135 mn. <\/span><\/span><\/p>\n

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Lower hoh SG&A expenses and TCC helped to post improvement in EBITDA margin to 36.4%: In 2H 2013 Polymetal reduced TCC by 8% hoh to USD 721 per oz GE; the reduction came due to operational improvement at the Albazino-Amursk hub. SG&A expenses also declined and this partly favoured Polymetal to increase EBITDA margin to 36.4% in 2H 2013 from 33.1% in 1H 2013. RLU\/ read more\u00a0 Download (PDF) Polymetal RU March 2014 en<\/a>
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Polymetal Conference call notes<\/strong>
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