Russian Helicopters, which designs and manufactures civil and military rotorcraft, published its half-year financial audited IFRS results for the first time on Thursday, with the company's net profit hitting 2.8 billion rubles ($90.8 million).
The company's consolidated revenue amounted to 42.4 billion rubles and its operational profit stood at 17.3 billion rubles.
EBITDA totaled 6.7 billion rubles, while the EBITDA margin equaled 16 percent.
“Our business is very well-planned in terms of production and precise execution of both Russian and foreign contracts. The current orders backlog consists of 993 helicopters. This unprecedented number was realized owing to our joint projects with our existing and new business partners on global helicopter market”, Russian Helicopters CEO Dmitry Petrov said.
The company plans to produce over 260 helicopters of all types in 2011, up from 214 last year.
