RUS ENG ESP Personal Area About holding Helicopters Service Investors Press center Contacts news print version Main / Press center / News / Russian Helicopters holding increased revenue by 26% and EBITDA by 93% in 1H 2015 news Publications Exhibitions activity Russian Helicopters Magazine Media kit Russian Helicopters holding increased revenue by 26% and EBITDA by 93% in 1H 2015 08/28/2015 / Moscow Based on the results of interim reporting in accordance with IFRS for the first half of 2015, the Russian Helicopters holding (part of the Rostec State Corporation) increased its revenue by 26% from 69.2 billion to 87.2 billion rubles. EBITDA increased by 92.8% to 26.4 billion rubles, EBITDA margin was 30.3%. Profit for the first half of the year reached 13 billion rubles. “The consolidated revenue of the Russian Helicopters holding in the first half of 2015 amounted to RUB 87.2 billion, an increase of 26% compared to the same period last year,” said Russian Helicopters CEO Alexander Mikheev. The proceeds from the sale of helicopters reached 73.0 billion rubles, from service and after-sales services - 13.4 billion rubles. At the beginning of 2015, the holding's firm orders portfolio amounted to more than 500 helicopters. The high growth rates are due to the successful consolidation of the helicopter industry, which made it possible to rationally redistribute resources, build an effective management structure, improve the technological level of products and the quality of service. For reference : Million rubles 1 semester 2015 1 semester 2014 Changes compared to the same period last year Revenue 87,222 69230 26.0% EBITDA 26388 13686 92.8% Profitability EBITDA 30.3% 19.8% 10.5 p.p. Profit 12,966 4 411 193.9% Russian Helicopters JSC(part of Rostec State Corporation) is one of the world leaders in the helicopter industry, the only helicopter developer and manufacturer in Russia. The holding was founded in 2007. The head office is located in Moscow. The holding includes five helicopter plants, two design bureaus, as well as enterprises for the production and maintenance of components, aircraft repair plants and a service company that provides after-sales support in Russia and abroad. The buyers of the holding's products are the Russian Ministry of Defense, the Russian Ministry of Internal Affairs, the Russian Emergencies Ministry, other government customers, Gazprom avia and UTair airlines, large Russian and foreign companies. In 2014, the revenue of Russian Helicopters under IFRS increased by 22.8% and amounted to 169.8 billion rubles, the volume of deliveries amounted to 271 helicopters. State Corporation Rostec is a Russian corporation established in 2007 to promote the development, production and export of high-tech industrial products for civil and military purposes. It includes more than 700 organizations, of which 9 holding companies are currently formed in the military-industrial complex and 5 in civilian industries, as well as 22 direct management organizations. Rostec's portfolio includes such well-known brands as AVTOVAZ, KAMAZ, Russian Helicopters, VSMPO-AVISMA, etc. Rostec organizations are located in 60 constituent entities of the Russian Federation and supply products to the markets of more than 70 countries. Rostec's revenue in 2013 amounted to RUB 1.04 trillion. Tax payments to the budgets of all levels exceeded 138 billion rubles. Back to news list RUSSIAN HELICOPTERS HOLDING MAGAZINE Russian Helicopters No. 3 ... 2015 g. Flip through SUBSCRIPTION Subscribe to news by e-mail SUBSCRIBE TO Information disclosure: Interfax Investors. Information disclosure Financial and accounting reporting © 2015 JSC Russian Helicopters 121357, Moscow, st. Vereiskaya, 29, bldg. 141 Website development