Profit Helicopters of Russia increased by 12.7%

 

The manufacturer of civil and military helicopters holding "Helicopters of Russia" (under the control of "Russian Technologies") has published its financial results for 2011 according to IFRS. Profit holding rose by 12.7% to 7.0 billion rubles., Revenues — by 27.8% to 103.9 billion rubles. EBITDA increased by 31.7% to 18.0 billion rubles., EBITDA margin was 17.3%.

In 2011, the company delivered 262 helicopters, a solid order backlog increased 2-fold to 859 helicopters on December 31, 2011 (about 14% of the world market in value terms).

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