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The Guardian - UK
The Guardian - UK
World
Rob Davies

Roman Abramovich handed $450m dividend from Russian mining group

Russian oligarch Roman Abramovich owns Chelsea football club.
Russian oligarch Roman Abramovich owns Chelsea football club. Photograph: Richard Sellers/Sportsphoto

The London-listed Russian steel and mining business Evraz has given investors a $1.55bn (£1.2bn) dividend, worth approximately $450m to its shareholder Roman Abramovich, but warned profits could be affected by economic sanctions aimed at the Kremlin and its allies.

The company reported a 45% rise revenues to $14.1bn in 2021, primarily from the sale of steel but also from coal, while pre-tax profit more than trebled from $1.3bn to $4.2bn.

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