Solid position of Metafrax in the economy of Russia and the Ural region
Business newspaper Expert has published the annual federal rating TOP-400, which included the largest Russian companies. Based on the results of the financial performance in 2017 Metafrax Group of Companies reached the 273rd position of the rating. Compared to 2016, the group managed to increase the volume of sales by almost 8% reaching 45 billion rubles, the company's net profit also increased up to 7.6 billion rubles.
According to experts, the TOP-400 list over the past years has been stable, only one sixth of the participants being updated annually. Metafrax is considered as the "old-timer" of the rating with solid central positions.
The total revenue of participants in the rating in 2017 is 72.3 trillion rubles, which is 10.5% more at current prices than in 2016. Coverage of the domestic economy by the rating over the past decade has been slowly growing: by the end of 2017, the representativeness of the rating exceeded 43%.
Metafrax Group also maintained its stable positions in the regional rating of 400 largest companies in the regions of Ural and Western Siberia in terms of sales. In the study presented by the Expert magazine Metafrax Group has settled at 65 position. Thanks to a wise export strategy and favorable global environment Metafrax has managed to increase the share of export revenues in the revenue structure from 31.5% to 40.4% over the year, while total sales increased by 3.3 billion rubles comparing to 2016.