Ratings and Performance Highlights
| Operating Indicators | 2014 | 2015 | 2016 | 2017 | 2017 9M | 2018 9M |
|---|---|---|---|---|---|---|
| Freight turnover, mln. tones-kilometers | 4,988 | 4,261 | 3,424 | 2,963 | 2,218 | 1,961 |
| Passenger turnover, mln. passenger-kilometers | 550 | 467 | 509 | 597 | 475 | 512 |
| Financial Highlights | 2014 | 2015 | 2016 | 2017 | 2017 9M | 2018 9M |
|---|---|---|---|---|---|---|
| Revenue mln. Gel | 511,570 | 574,773 | 439,922 | 434,534 | 303,297 | 314,219 |
| EBITDA | 250,030 | 322,787 | 281,755 | 211,851 | 125,838 | 136,248 |
| Adjusted EBITDA | 251,925 | 307,828 | 195,149 | 181,425 | 118,048 | 122,610 |
Credit Ratings
| First issued | LT | Outlook | ST | Last issued | LT | Outlook | ST | |
|---|---|---|---|---|---|---|---|---|
| Standard & Poor's | 2010 | B+ | Stable | B | 2018 | B+ | Stable | 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-18 | B+ | Stable | B | Mar-19 | BB- | Stable | B | |
| Sep-17 | B+ | Negative | B | Nov-18 | B+ | Positive | B | |
| Sep-16 | B+ | Stable | B | Jan-17 | B+ | Stable | B | |
| Mar-12 | BB- | Stable | B | Sep-16 | BB- | Negative | B | |
| Jun-10 | B+ | Stable | B | Dec-14 | BB- | Stable | B | |
| Nov-13 | BB- | Negative | B | |||||
| Dec-11 | BB- | Stable | B | |||||
| Mar-11 | B+ | Positive | B | |||||
| May-10 | B+ | Stable | B |