Doubling in profit sees ENRC positive for 2011
Kazakh mining group ENRC (ENRC.L) said underlying profit more than doubled, on record production and demand recovery for its products, and that the global economic outlook is still improving.
Underlying EBITDA jumped 118 percent to $3.19 billion, in line with the consensus, as revenue rose 72 percent to $6.60 billion.
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