Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Acron Jumps Most 2 Weeks as Fertilizer Demand Boosts Profit

Don't Miss Out —
Follow us on:

June 27 (Bloomberg) -- OAO Acron jumped the most in almost two weeks after posting a 34 percent first-quarter net income gain from a year earlier as increased demand for food supplies boosted the Russian fertilizer producer’s sales.

The stock rose 1.5 percent to 1,147.50 rubles by the close in Moscow, the biggest advance since June 15. The shares have dropped 7.4 percent in the quarter.

Profit in the first quarter jumped to 5.123 billion rubles ($169 million), according to an e-mailed company statement. Revenue rose 33 percent from a year earlier, climbing to 18.422 billion rubles, the statement said.

“The world’s increasing demand for food supplies requires increased output from fertilizer producers,” Chairman Alexander Popov said in the statement.

To contact the reporter on this story: Ilya Khrennikov in Moscow at; Ksenia Galouchko in Moscow at

To contact the editor responsible for this story: Gavin Serkin at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.