Ratings and Performance Highlights
| Operating Indicators | 2014 | 2015 | 2016 | 2017 | 2018 | 9M 2018 | 9M 2019 |
|---|---|---|---|---|---|---|---|
| Freight turnover, mln. tones-kilometers | 4,948 | 4,222 | 3,390 | 2,930 | 2,571 | 1.942 | 2.082 |
| Passenger turnover, mln. passenger-kilometers | 550 | 467 | 509 | 597 | 634 | 512 | 535 |
| Financial Highlights | 2014 | 2015 | 2016 | 2017 | 2018 | 9M 2018 | 9M 2019 |
|---|---|---|---|---|---|---|---|
| Revenue mln. Gel | 511,570 | 574,773 | 439,922 | 434,534 | 424,614 | 314.219 | 364.164 |
| EBITDA | 250,030 | 322,787 | 281,755 | 211,851 | 172,322 | 136.248 | 176.559 |
| Adjusted EBITDA | 251,925 | 307,828 | 195,149 | 181,425 | 156,846 | 122.610 | 167.797 |
Credit Ratings
| First issued | LT | Outlook | ST | Last issued | LT | Outlook | ST | |
|---|---|---|---|---|---|---|---|---|
| Standard & Poor's | 2010 | B+ | Stable | B | 2019 | B+ | Positive | B |
| Fitch Ratings | 2010 | B+ | Stable | B | 2019 | BB- | Stable | B |
| Standard and Poor`s | Fitch | |||||||
|---|---|---|---|---|---|---|---|---|
| Date | LT | Outlook | ST | Date | LT | Outlook | ST | |
| Sep-19 | B+ | Developing | B | Mar-19 | BB- | Stable | B | |
| Apr-19 | B+ | Positive | B | Nov-18 | B+ | Positive | B | |
| Sep-18 | B+ | Stable | B | Jan-17 | B+ | Stable | B | |
| Sep-17 | B+ | Negative | B | Sep-16 | BB- | Negative | B | |
| Sep-16 | B+ | Stable | B | Dec-14 | BB- | Stable | B | |
| Mar-12 | BB- | Stable | B | Nov-13 | BB- | Negative | B | |
| Jun-10 | B+ | Stable | B | Dec-11 | BB- | Stable | B | |
| Mar-11 | B+ | Positive | B | |||||
| May-10 | B+ | Stable | B |