Net IFRS profit of Russia's producer of nitrogen and phosphorous fertilisers declined by 46% y/y to RUB 10.08bn ( USD 318mn ) in Jan- Sep 2013 . The company attributed the decline in net profit to continuously unfavourable price environment and high y/y base. Company's revenues inched up by 1% y/y to RUB 1.292bn , adjusted EBITDA went down by 12% y/y to RUB 17.3bn at a margin of 32% vs. 37% a year ago. Company's net debt as of September 30 2013 amounted to RUB 23.5mn . Previously UralChem announced increasing its output in Jan- Sep 2013 by 2% y/y to 4.5mn tonnes. Out of that output of complex composite fertilisers increased by 1% y/y to 0.47mn tonnes. Phosphorous fertilizers' output declined by 5% y/y to 0.33mn tonnes. At the same time most of the company's output was ammonia and its derivatives (over 3.4mn tonnes), that posted up to 7% y/y growth in Jan-Sep 2013.
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