Nov 19, 2019 / 02:00PM GMT
Operator
Hello, ladies and gentlemen, and welcome to today's ROS AGRO PLC Financial Results for the Third Quarter 2019 and First 9 Months. (Operator Instructions) And just to remind you, this is being recorded.
So today, I'm pleased to present Maxim Basov, CEO. Please begin.
Maxim Dmitrievich Basov - Ros Agro PLC - CEO & Executive Director
Thank you. Good day, ladies and gentlemen. Today, we reported our results for the third quarter 2019. We issued a presentation and the press release. I'll go quickly over the presentation, and then I will answer the questions.
In general, our revenue was much higher than in the third quarter last year. We had a record revenue result. Mostly, this is a result of consolidation of Solnechnye Produkty assets, which we acquired last year. Our revenue in the third quarter increased 74% compared to the third quarter last year.
On the other hand, EBITDA was not higher. It was actually lower. We had EBITDA of RUB 4.4 billion compared to RUB 4.5 billion in the third quarter last year. Two business units showed
Q3 2019 Ros Agro PLC Earnings Call Transcript
Mar 02, 2024
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