RUSAL to maintain Q1 EBITDA margin for full year
ST PETERSBURG, Russia, June 19 |
ST PETERSBURG, Russia, June 19 (Reuters) - Russian aluminium giant UC RUSAL (0486.HK) said on Saturday it will maintain its first quarter EBITDA margin for the full year.
The company, the world's biggest aluminium firm, swung into the black during the first three months of the year after flirting with collapse amid heavy losses and mammoth debts in crisis-hit 2009. [ID:nTOE64800B]
RUSAL representatives, speaking to reporters at the international economic forum in St Petersburg, also said the group's $12 billion debt repayment programme was a year ahead of schedule. (Reporting by John Bowker and Denis Pinchuk, Editing by Toni Vorobyova)
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