Globaltrans posts IFRS net profit of RUB 571 mln in 2014, down 14 times, year-on-year
Globaltrans Investment PLC has announced its financial and operational results for the year ended 31 December 2014. The Group reports Profit for the year of RUB 571 million against RUB 8,068 million for 2013. The Group generated RUB 41,890 million of Adjusted Revenue, a decline of 7% year on year. Adjusted EBITDA fell 16% year on year to RUB 17,560 million.
Globaltrans is a leading private freight rail transportation group with operations in Russia, the CIS and the Baltic countries. The Group’s main business is the provision of freight rail transportation services.