Financial and Operational Results

  Unit 2016 2017 2018
Steel production thousand tons 617 850 973
Wheels production thousand tons 112 175 187
Pipes production thousand tons 445 587 677
         
Revenue million US dollars 507 806 1,074
EBITDA* million US dollars 46 120 158
EBITDA margin % 9% 15% 15%
Capex** million US dollars 38 43 44
Free cash flow*** million US dollars 8 41 66

* - EBITDA is calculated as operating profit or (loss) plus depreciation and amortisation charge, plus impairment of property, plant, equipment and intangible asset, plus loss / (gain) on disposal of property, plant and equipment, plus foreign exchange cash flow hedges effect, plus extraordinary losses / (gains) and plus operating foreign exchange gain/(loss).
** - Capex figure represents line Purchases of property, plant and equipment and intangible assets as part of net cash flow from investing activities
*** - Free Cash Flow is calculated as net cash flow from operating activities less net cash flow from investing activities

NOTICE

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS CAREFULLY. BY ACCESSING THIS MATERIALS AND THE INFORMATION CONTAINED HEREIN, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS BELOW. IF YOU DO NOT AGREE TO THESE TERMS AND CONDITIONS, DO NOT ACCESS THIS MATERIALS OR ANY OF THE INFORMATION CONTAINED HEREIN.

The materials have been prepared solely for informational purposes and does not constitute an offer or the solicitation of an offer for the purchase or sale of any securities.

The securities have not been, and will not be, registered under the U.S. Securities Act of 1933 or the securities laws of any state of the United States or other jurisdiction and may not be offered or sold within the United States except in compliance with, or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act of 1933 and the applicable laws of other jurisdictions.

These materials may not be used for any invitation or solicitation purposes for or in connection with the sale, marketing, offering or acquisition of any securities in Cyprus in circumstances under which it is unlawful under Cyprus laws to make such an invitation or solicitation.

The distribution of material on this site may be restricted by local law or regulation in certain jurisdictions. This information is not intended for distribution to, or use by, any person or entity in any such jurisdiction or country where such distribution or use would be contrary to local law or regulation. Persons accessing these pages are required to inform themselves about and observe such restrictions.

The information set forth on this site has been electronically converted or uploaded from the original version of a hardcopy document. Although reasonable care has been exercised to provide accurate information, there can be no assurance that this information is free from error. In no event shall Interpipe be liable for any special, incidental, indirect or consequential damages of any kind, or any damages whatsoever, on any theory of liability arising out of or in connection with the use of any information set forth on this site.

AGREE
DISAGREE
string(5) "en_US" NULL