Rostelecom reports Q1 results

4 May 2007

Russian former long-distance monopoly Rostelecom’s net profit under Russian Accounting Standards (RAS) rose 41.1% year-on-year to RUB2.90 billion (USD113 million) in 1Q 2007, the company announced in a statement. Revenues stood at RUB15.21 billion in the quarter, a 4.3% year-on-year increase, and EBITDA rose by 27.4% to RUB3.91 billion, giving an EBITDA margin of 25.7%.

Russia, Rostelecom