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ALROSA expanded ecological program

The ALROSA's specialists completed development of environmental protection measures for 2019, as it was informed.

In particular, the monitoring should be expanded for full appraisal of the negative impact for natural objects to make more effective management solutions.

With respect to the amendments to the legislation since 2019 one of the key trends in the environmental protection was supplemented by the protection of the free air and prevention of climate changes.

The program includes many other important measures on the environmental protection.

ALROSA (TIN 1433000147) is one of the largest diamond extraction companies in the world. It covers 97% of the diamond market in Russia and 25% on the world market. The Company includes ECO ALROSA, ALROSA Diamonds, Aikhalsky, Mirninsky, Udachninsky and Nyurbinsky GOKs. The major holders involve Russian Property Agency and Sakha Republic government (Yakutia).

The 9-month net profit (IAS) increased 33% to reach 82.5bn rub. from 61.9bn rub. prior year period; revenues moved up 11% to 238.3bn rub. from 214.5bn rub. due to the rise in the price index on diamonds; EBITDA boosted 29% to 129.1bn rub. from 100bn rub. on the growth of revenues and some reduction of expenses; EBITDA margin - 7 p.p. to 54%.

The 9-month net profit (RAS) rallied up 42% to 72.8bn rub.; revenues - 11% to 183.3bn rub. due to the rise in average prices on diamonds and drop in the ruble/USD rate."AK&M" ?? 08.11.2018

"AK&M", 12:25, 08.11.2018 1251 AKM,COR


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