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SOLLERS Group sales double in the first half of 2010

06.10.2010

SOLLERS Group sales double in the first half of 2010

According to SOLLERS Group’s consolidated statement (IFRS) for the first half of 2010, its sales more than doubled to 20,258 million rubles compared with 9,847 million rubles in first half 2009.

IFRS Results from the SOLLERS Group for 2009

07.06.2010

IFRS Results from the SOLLERS Group for 2009

According to the consolidated reports the IFRS results for SOLLERS Group at the end of 2009 came to 34.7 billion roubles, which is 44% lower than the previous year.

SOLLERS net profit for the first half 2008 increased by 20% - to $59 million

17.09.2007

SOLLERS net profit for the first half 2008 increased by 20% - to $59 million

Consolidated net profit of OJSC “SOLLERS” due to IFRS rose up to 59 million dollars over the first half of 2008 (by 20%), company income increased by 41% up to 1 262 million dollars, EBITDA index increased by 37% up to 152 million dollars.

The consolidated net profit of OAO Severstal-auto in accordance with the IAS for the first half of 2006 has increased to $ 25 million

29.09.2006

The consolidated net profit of OAO Severstal-auto in accordance with the IAS for the first half of 2006 has increased to $ 25 million

The EBITDA index has grown by 38 % – to $ 72 million (in comparison with $ 52 million – in the first half of 2005).

The consolidated net profit of OAO Severstal-auto in accordance with the IAS has increased by 15 % for 2005

24.04.2006

The consolidated net profit of OAO Severstal-auto in accordance with the IAS has increased by 15 % for 2005

According to Nikolay Sobolev, Financial Director of OAO Severstal-auto, the key factor ensuring the successful financial results of the company for the past year was the implementation of cost saving programmes at Severstal-auto enterprises.

OAO Severstal-auto has published IFRS consolidated financial statements for the six months ended 30 June 2005

16.09.2005

OAO Severstal-auto has published IFRS consolidated financial statements for the six months ended 30 June 2005

According to the IFRS accounts, Severstal-auto’s consolidated net income for the first six months of the year increased by 21.1%, reaching $23 million.

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