Full Year Results 

Evraz on a tear

Evraz on a tear

Earnings before interest, tax, depreciation and amortisation (Ebitda) is an unusual profit metric to measure dividends against, particularly for a capital-intensive resource company with big debts and a rising tax bill. But Evraz (EVR) is an unusual company, particularly when it comes to capital management, and by this point it’s unsurprising to see the group confirm that it paid shareholders $1.6bn (£1.2bn) of the $3.8bn-worth of Ebitda it generated in 2018.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now