PAO Severstal Q3 2019 Revenue Decline By 3% QoQ

  • Oct 18, 2019 BST
  • Team Kalkine
  • PAO Severstal (SVST) has released its Q3 & 9M 2019 financial results for the period ended 30 September 2019.
  • The revenue of the company declined (QoQ) by 3 per cent in Q3 2019 to $2,111 million as compared to $2,177 million in Q2 2019.
  • The revenue of the company declined YoY by 2.7 per cent for 9M 2019 to $ 6,319 million as compared to $ 6,495 million for 9M 2019.
  • The EBITDA of the company improved (QoQ) by 4.5 per cent in Q3 2019 to $787 million as compared to $753 million in Q2 2019.
  • On 18th October 2019, at the time of writing, GMT 11:36 AM, SVST shares were trading at USD 13.78, down by 0.07 points or 0.47 per cent against the previous day closing price.

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