Stockholm, 2014-04-28 08:10 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 4th quarter and full year 2013.
Key performance indicators 4th quarter 2013
− Revenues of RUB 803mln (USD 24.5mln), up 131 % compared with 4th quarter 2012 (RUB 347mln).
− Page views in December amounted to 4.6bln compared to 2.7bln for the previous year.
− Monthly audience in December of 23.9mln according to TNS Russia.
Key performance indicators full year 2013
− Revenues of RUB 2.4bln (USD 73.7mln), up 167 % compared with full year 2012 (RUB 0.9bln).
− Full year EBITDA of RUB 680mln (USD 20.9mln), equivalent to a 28% margin.
− Page views amounted to 47bln compared to 26bln for the previous year.
− Avito’s cash position at the end of 2013 exceeded USD 100mln.
All USD amounts have been translated with the USD/RUB rate as per December 31, 2013
For further information please contact: Björn von Sivers, Investor Relations, Tel +46 8 545 015 50