Financial Highlights
• Revenue was up 9% year-on-year to RUB 7,189 million (Q1 2015: RUB 6,618 million)
• Return on sales decreased by 11% year-on-year to RUB 2,641 million (Q1 2015: RUB 2,972 million)
• EBITDA* was down 11% year-on-year to RUB 2,777 million (Q1 2015: RUB 3,104 million)
• EBITDA margin was 39% against 47% in Q1 2015
• Net profit was up 49% year-on-year to RUB 3,252 million (Q1 2015: RUB 2,182 million)
*EBITDA is calculated as return on sales plus depreciation and amortisation.