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Russian Helicopters net profit rises 45%

August 29, 2014, 14:41 UTC+3 MOSCOW
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MOSCOW, August 29. /ITAR-TASS/. The net profit of Russian Helicopters increased 45% on the year to 4.41 billion rubles in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement Friday.

Revenue increased 7.4% to 69.2 billion rubles in the period, and earnings before interest, taxes, depreciation and amortization (EBITDA) rose 16.0% to 13.7 billion rubles.

The company has firm orders for 794 helicopters and its order portfolio amounts to around 401 billion rubles.


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