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«AgroInvest» — News — Ukrlandfarming is planning to issue Eurobonds

Ukrlandfarming is planning to issue Eurobonds

2013-03-14 14:13:49

According to the statement released by the company Ukrland farming is planning to issue Eurobonds in 2013. Holding simultaneously released its financial statements. For 2010-2012 period, company’s revenues grew from USD 779 M to USD 1.9 Bn, while EBITDA grew to USD 791.5 M from USD 371.1 M as EBITDA margin increased from 39% to 41.7%. Net profit of the company totaled to USD 541.58 M. Current land bank of the company is measured at 532 thousand hectares.  Company has gone the path of mergers and acquisitions, acquiring such companies as Rise and Dakor back in 2010.

AgroInvest comment: Ukrlandfarming will be included in UAIndex as soon as the holding issues Eurobonds. Ukrlandfarming will greatly reflect current situation of the agrarian sector in Ukraine for foreign investors.  

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