News Column

Avito first quarter 2014 trading statement

June 12, 2014

Stockholm, 2014-06-13 08:00 CEST (GLOBE NEWSWIRE) -- Vostok Nafta Investment Ltd's ("Vostok Nafta") largest holding, Avito AB has today released its trading statement with non-audited IFRS figures for the first quarter 2014. Key performance indicators first quarter 2014 - Revenues of RUB 852mln (USD 23.8mln), up 115 % compared with first quarter 2013 (RUB 396mln). - EBITDA margin of 46% or RUB 393mln (USD 11mln), compared with first quarter 2013 (RUB -23.6mln). - Avito’s cash position in excess of USD 100mln at the end of the first quarter. - Page views amounted to 17bln compared to 10bln for the previous year. - Monthly audience in March 2014 of 25.8mln according to TNS Russia. Comparable data not available for the previous year. All USD amounts have been translated with the USD/RUB rate as per March 31, 2014. For further information please contact: BjÖrn von Sivers, Investor Relations, Tel +46 8 545 015 50 Copyright © 2014 OMX AB (publ).

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: OMX

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters