ROSNEFT RESULTS Q3 & 9M 2015
Financial results for Q3 2015 and 9M 2015:
- Keeping low operating expenses at 157 RUB/boe in conditions of 12% growth in producer price index in 9M 2015
- Increase in adjusted EBITDA by 1.0% to RUB 879 bln in 9M 2015 despite lower oil prices in RUB terms
- 16.1% increase in net income to RUB 303 bln and corresponding net margin improvement to 7.8% in 9M 2015
- Considerable financial leverage cut and a structural…
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