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M&A: Uralkali-Technology to merge into Uralkali

An entry has been entered in the Unified State Register of Legal Entities to officially register the winding-up of JSC Uralkali-Technology due to its restructuring through the takeover by PJSC Uralkali, the company informed.

The entry was made in the register on June 29.
PJSC Uralkali (tax number: 5911029807) was established by merging the assets of OJSC Uralkali and OJSC Silvinit, a deal finalized on June 16, 2011.

IFRS net profit of Uralkali for 2019 was $1.207 billion versus a loss of $97 million a year earlier. Revenue rose 1% to $2.782 billion, EBITDA went up 8% to $1.578 billion.

RAS net loss of PJSC Uralkali for Q1 2020 amounted to RUB 31.6 billion against a profit of RUB 26.963 billion a year earlier. Revenue decreased by 25.5% to RUB 32.533 billion from RUB 43.688 billion, gross profit by 35.8% to RUB 21.071 billion from RUB 32.821 billion. Loss before tax was RUB 37.382 billion against a pre-tax profit of RUB 32.628 billion.

AK&M "M&A Market" as of June 30, 2020

"AK&M", 30.06.2020 11:09


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