| USD mln |
1H 2020 |
1H 2019 |
Change |
2019 |
2018 |
Change |
| Revenue | 4,948 | 5,803 |
(14.7%) |
11,752 |
12,378 |
(5.1%) |
| Adj. EBITDA1 | 756 | 1,185 | (36.2%) | 2,127 |
3,287 |
(35.3%) |
| Adj. EBITDA margin | 15.3% | 20.4% | (5.1pp) | 18.1% | 26.1% | (8.5pp) |
| Net profit2 | 20 | 863 | (97.7%) | 1,304 | 1,862 | (30.0%) |
| Net profit margin | 0.4% | 14.9% | (14.5pp) | 11.1% | 15.0% | (3.9pp) |
| 1H 2020 | 1H 2019 |
Change |
2019 | 2018 |
Change |
|
| Total aluminium production, kt | 1,867 | 1,867 | - | 3,757 | 3,756 | - |
| Total aluminium sales, kt | 1,890 | 1,978 | (4.4%) |
4,176 |
3,671 | 13.8% |
| Total electricity production, TWh | 39.3 | 36.9 | 6.5% | 77.8 | 73.2 | 6.3% |
| HPPs, TWh | 32.0 | 28.7 | 11.5% | 64.2 | 58.3 | 10.1% |
| CHPs, TWh | 7.3 | 8.2 | (11.0%) | 13.6 | 14.9 | (8.7%) |
| Heat production, mln Gcal | 14.5 | 15.1 | (4.0%) | 27.3 | 27.9 | (2.2%) |
- Adjusted EBITDA for any period represents the results from operating activities adjusted for amortisation, impairment charges and loss on disposal of property, plant and equipment for the relevant period.
- Including the provision in the amount of assessment of potential damage by Rosprirodnadzor recognized by Norilsk Nickel in its financial statements for 6M 2020. Without this one-off item, the Group’s Net profit would have been USD 495 million in 1H 2020.
- Excluding Onda HPP.