Mar 22, 2019 / 03:30PM GMT
Operator
Good day, and welcome to the Raspadskaya's Fiscal Year 2018 Financial Results Conference Call. Today's conference is being recorded. At this time, I'd like to turn the conference over to Mr. Sergey Stepanov, CEO, Raspadskaya. Please go ahead, sir.
Sergey S. Stepanov - Public Joint Stock Company Raspadskaya - CEO
Thank you very much. Ladies and gentlemen, thank you for joining our conference call and expressing interest in our results. The year 2018 was quite good for us. The market conditions have been quite favorable. On the other side, when prices are going high for any commodity, usually prices of workforce as well, prices of raw materials and diesel goes up. And so, we had, I would say, traditional high prices year, with big pressure on volumes and with big pressure from our suppliers and with higher competition on labor markets. So it's -- it was a very good year in terms of sales in Raspadskaya and also, no fatal incidents in 2018.
Revenues grows 25%, I think this is the kind of 50-50 effect of volumes and prices. EBITDA reached, as you see,
Full Year 2018 Raspadskaya PAO Earnings Call (IFRS) Transcript
Mar 22, 2019
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