Stockholm, 2014-06-13 08:00 CEST (GLOBE NEWSWIRE) --
Vostok Nafta Investment Ltd's ("Vostok Nafta") largest holding, Avito AB has today released its trading statement with non-audited IFRS figures for the first quarter 2014.
Key performance indicators first quarter 2014
− Revenues of RUB 852mln (USD 23.8mln), up 115 % compared with first quarter 2013 (RUB 396mln).
− EBITDA margin of 46% or RUB 393mln (USD 11mln), compared with first quarter 2013 (RUB -23.6mln).
− Avito’s cash position in excess of USD 100mln at the end of the first quarter.
− Page views amounted to 17bln compared to 10bln for the previous year.
− Monthly audience in March 2014 of 25.8mln according to TNS Russia. Comparable data not available for the previous year.
All USD amounts have been translated with the USD/RUB rate as per March 31, 2014.
For further information please contact:
Björn von Sivers, Investor Relations, Tel +46 8 545 015 50
