En+ Group Investment Presentation
1H 2021 Financial and Operational Highlights
Ent
GROUP
Revenue
USD 6,506 mn
up 31.5% y-o-y
Adj. EBITDA
USD 1,890 mn
up 150.0% y-o-y
Net profit
USD 2,231 mn
Net debt
USD 8,116 mn
down 17.4% compared
to 31 Dec 2020
30.2% increase in the weighted-average
realized aluminium price per tonne
5.8% increase in sales volumes of primary
aluminium and alloys
12.0% increase in electricity production
volumes
7.1% rouble depreciation affected the Power
segment
exceptional market environment in Metals
segment
Positive effect of rouble depreciation on
production costs in Metals segment
USD 492 mn one-off accounting gain from
Norilsk Nickel's buy back
Increase in the share of profit obtained by
the Group from its associates and joint
ventures
USD 1,421 million one-off proceeds from
Norilsk Nickel's buyback
Scheduled repayments of existing debt
Aluminium
production
1,868 kt
up 0.1% y-o-y
Sales of VAPS
1,010 kt
up 28.6% y-o-y
Hydro power output
36.9 TWh
up 15.3% y-o-y
COVID-19 response
Aluminium production was broadly unchanged
y-o-y
The aluminium market continued its recovery
with LME aluminium price growth, to close the
period above USD 2,500/tonne
In line with its strategy, the Group continued to
grow its share of VAPS in total sales to 50%
against 42% y-o-y
Favorable hydrological conditions - increased
water reserves in the HPP reservoirs in the
Angara cascade and Krasnoyarsk reservoir
c.50% of employees vaccinated
7 new ambulances provided to medical
organizations in the cities of operation
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