KAMAZ sales fell by a quarter in 2015, to 29,000 trucks

KAMAZ sales fell by a quarter in 2015, to 29,000 trucks

Interfax – KAMAZ has sold 29,000 trucks home and abroad in 2015, as stated by the company general director Sergei Kogogin on Friday. “We have sold 29,000 trucks, 22,000 in Russia. Our focus has shifted to non-CIS countries. The export ratio has always been 70% CIS countries and 30% non-CIS, which is successful in my opinion.” said Kogogin.

In 2014 the company has sold 32,600 trucks in Russia, 38,900 in total, with the addition of exports. The total shrinkage rate is 25.45%, going up to 32.5% with the inclusion of Russian figures.

KAMAZ planned to sell 28,800 trucks home and abroad in 2015, which would generate a turnover of 95-97 billion rubles, according to Kogogin.

The senior manager has not disclosed the financial figures for 2015, preferring to wait for the publication of the statements. KAMAZ Group expects a net loss of 3.59 billion rubles for 2015, in contrast with the 211 million rubles net profit in 2014. The expected revenue is 97.7 billion rubles (110,599 billion rubles in 2014).