SIJ group returned to profit last year

Ljubljana – SIJ, the Slovenian steel group in majority Russian ownership, returned to profit last year after posting a net loss of EUR 49.9 million in 2020. Last year, sales revenue stood at EUR 962.7 million, up 36.8% from the year before, while net profit reached EUR 29.2 million, the group’s audited results show. The group’s earnings before interest, taxes, depreciation and amortisation (EBITDA) almost tripled to EUR 100.8 million gross. EBITDA margin, showing the company’s operating profit as a percentage of its revenue, was 5.1 percentage points higher at…

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