Russia's Nornickel's EBITDA Decreased by 25% Y-O-Y to $5.196Bln in 2024 - Report

NAMPA / Sputnik

2025-02-10

MOSCOW, February 10 (RIA Novosti) - Russia's diversified miner Nornickel's EBITDA net profit was down 25% year-on-year to $5.196 billion in 2024, the company said on Monday. "EBITDA decreased 25% y-o-y to USD 5.2 billion owing to lower revenue and export duties effective for the full year, while EBITDA margin was down 7 p.p. to 41%," the report read. The company's IFRS net profit was down by 37% to $1.815 billion, the report said....

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