April 18, 2017 / 9:32 AM / 3 months ago

BRIEF-Russia's PIK Group says 2016 net profit up 80 pct

1 Min Read

April 18 (Reuters) - Russian real estate developer PIK Group says:

* 2016 net profit up 80 percent to 20.5 billion roubles ($365.24 million);

* 2016 total revenue up 17.5 percent to 60.1 billion roubles;

* 2016 adjusted EBITDA down 16.5 percent to 11.4 billion roubles;

* 2016 adjusted EBITDA margin down to 19 percent versus 26.8 percent in 2015. Further company coverage: ($1 = 56.1276 roubles) (Reporting by Moscow Newsroom)

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