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The report in focus

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Commercial Vehicle Market in Russia. Results of 2019, Trends and Prospects

Exit date 03.04.2020

Format PDF

Price 850 eur.

In the report commercial vehicle market is traditionally subdivided into segments: light commercial vehicles (LCV), medium-duty vehicles (MCV), heavy-duty trucks (HCV) and buses (BUS).

03 april more info

Analytics

Russian dealers of Ford began sales of updated Mondeo

Ford Mondeo sedan has received a technological upgrade aimed at the safety improving of the car and improving of the intelligent driver assistance systems. People can order updated Ford Mondeo at all official Ford dealers in Russia.

05 julymore info

Infographics

Leaders of the Russian car market in 2016

News

GAZ Group plans to receive RUB 140 billion of profit in 2013

GAZ Group expects to receive revenue of RUB 140 billion by the results of 2013; EBIT of company will be about RUB 12 billion, according to the president of GAZ Group, Bo Andersson. The company forecasts the EBIT margin at the level of 8-8.5 % for 2013.

As noted Bo Andersson, Nizhniy Novgorod area of GAZ Group provides about 70% of revenue and profits of company. Thus, the reduction of orders of heavy trucks from the Russian Ministry of Defense has affected on the performance of AZ “Ural” for this year. As for JAMZ, the largest consumer of enterprise - MAZ - reduced engine orders by 40%.

Recall that the revenue of GAZ Group was RUB 127 billion in 2012, it decreased by 4 % in compare with 2011. The bulk of revenue - more than 50 % of the total volume - was brought by GAZ to the company (about RUB 60 billion). Growth in revenue from sales of commercial vehicles GAZ was 6 %. The indicator EBITDA of GAZ Group was RUB 14.3 billion, return on EBITDA - 11,2%. EBIT reached RUB 13.1 billion, the EBIT margin - 10,3%. Net profit rose to RUB 8.8 billion with a margin of 6.9%. Revenue per employee reached RUB 194 thousand per a month.

Tags: gaz group
20.11.13 AA "AUTOSTAT"
Source: www.autostat.ru