Evraz Group reported on the financial success of the first half

Group Evraz Group has pleased shareholders and analysts of its reporting, and performance in the first quarter of this year. Since profits of mining and smelting giant, calculated according to international standards (IFRS) increased by 1.5 times - up to 263 million dollars. Moreover, revenues grew only 31% - to 8.38 billion dollars. An interesting fact is that for the first time since 2008 the company announced its intention to pay an interim dividend for the six months of $ 89 million dollars - a rate of $ 0.60 per share, or $ 0.20 on the GDR. And also provides "special" dividends totaling $ 402 million dollars. Despite advances in the management of Evraz Group consider that the current situation in the global economy as a whole, and in the steel industry in particular is very difficult and serious problems. But now the company is much better prepared for crisis times than three years ago.